Norwegian taxpayers could be left with Seadrill debt

The Norwegian state may have guaranteed upwards of USD 1.3 billion of Seadrill's debt, which means that Norwegian taxpayers could end up footing part of the bill if John Fredriksen's rig company goes bankrupt, reports E24.

John Fredriksen (middle) is the richest person in Norway and owns several shipping and offshore companies. But he holds a Cypriot passport.

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Siemens Gamesa merger has incited major internal unrest

The large-scale merger of Spain's Gamesa and Danish-German Siemens Wind Power has become a thorn in the side of many employees at the new wind turbine major. Internal power struggles and large cultural clashes mean that employees are looking to leave the company after what they call a chaotic marriage between the two firms.

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