Seadrill loses $196m on Scorpion deals

Seadrill is feeling the sting of its move on rig player Scorpion Offshore - to date, John Fredriksen's Bermuda-based company has paid about Nkr1.3 billion ($196 million) too much for its 39.1% stake.

Ouch: John Fredriksen's Seadrill is feeling the pinch
Ouch: John Fredriksen's Seadrill is feeling the pinch
Published 9 December 2008, 14:57Updated 9 December 2008, 14:57
Europe