Seadrill made huge impairment in 2017

John Fredriksen's strained rig company Seadrill booked a massive impairment in 2017 of more than USD 1.5 billion, according to the annual report.

Photo: Photo: Seadrill

Seadrill's annual report for 2017 clearly reflects the difficulties that caused the rig company to file for Chapter 11 in September last year.

The deficit for 2017 came to USD 3.1 billion, and the company made numerous impairments totaling more than USD 1.5 billion.

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