US contractor Willbros is considering strategic alternatives including a potential sale of all its assets after warning that it will post a loss for 2017.
The company said this week that in addition to the potential asset sales it will also consider "seeking additional financing, or refinancing, recapitalizing, or restructuring all or a portion of its existing debt".
Chief executive Michael Fournier said the company was already in "advanced" discussions with several entities about selling the company or portions of the company.
