John Fredriksen-backed Seadrill is scrapping its New York listing and aiming for a second refinancing in two years as losses mount.
The drillship and rig owner said on Tuesday that it will retain its Oslo listing but shift to the over the counter (OTC) market.
Seadrill took an impairment of $1.2bn on its drillships, leading to a net loss of $1.56bn
