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Norways Seadrill Writes Down $2.9 Billion on Its Oil Rigs

2021-03-04 15:05:20| OGI

Offshore drilling rig contractor Seadrill said on March 4 it had taken an additional $2.9 billion non-cash impairment on its assets due to a bleak outlook for the sector, which has reduced demand for its drilling rigs.

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