Seadrill secures fresh deals but could trim rig fleet amid restructure

Chief executive of drilling giant claims managing rig count is necessary to bring down company's debt burden

Cloudy outlook: Seadrill has secured work for several rigs, including the Sevan Louisiana (pictured), but the company could look to trim its fleet to manage debt
Cloudy outlook: Seadrill has secured work for several rigs, including the Sevan Louisiana (pictured), but the company could look to trim its fleet to manage debtPhoto: FAIRMOUNT
Published 20 November 2020, 08:03Updated 20 November 2020, 08:03