Seadrill warns Chapter 11 protection looms

Rig giant admits move possible move as shares plummet — although it gains a respite on loans and deadlines

Seadrill's major shareholder John Fredriksen
Seadrill's major shareholder John Fredriksen
Published 6 April 2017, 09:48Updated 6 April 2017, 09:48
NADLBorr DrillingNorth Atlantic Drilling LtdJohn FredriksenSeadrill