Seadrill to seek closer ties with Schlumberger, oil service firms [Seeking Alpha]
Seadrill Limited Common Shares (SDRL)
Last seadrill limited common shares earnings: 8/25 04:01 pm
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Source: Seeking Alpha
Seadrill to seek closer ties with Schlumberger, oil service firmsSeadrill (SDRL+63.5%) says it willseek to expand relations with Schlumberger (SLB+3.2%) and other oilfield service companies, CEO Anton Dibowitz tells Reuters a day afterwinning approval for its restructuring planfrom a U.S. bankruptcy court.SDRL already is working with SLB in India to offer integrated services and may expand this to other locations and partners, the CEO says. although the company has no immediate consolidation plans.“The confirmation is the most significant milestone in the process, and now we need to implement the plan over 60-90 days. Obviously, we would like to do it as fast as possible,” Dibowitz says.See all stocks on the move »Now read:Seadrill Reorganization Plan Confirmed By The U.S. Bankruptcy Court »
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