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Seadrill: Another Buying Opportunity Reveals Itself As Investors Lose It Over Petrobras Contracts

2015-02-17 07:34:57| Oil & Gas - Topix.net

Seadrill reported on Friday that it will remove $1.1 billion in order backlog as it believes some of its Petrobras contracts won't be concluded. The decline in order backlog is not good news, but not as bad as the market makes it out to be.

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Category:Energy and Environment

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