Seadrill Sells Remaining 8.2% Stake in SapuraKencana Petroleum Bhd
Thursday 28 April 2016
Seadrill Limited ("Seadrill") announces today that it has sold its remaining stake of approximately 490 million shares in SapuraKencana for approximately $195 million.
The proceeds from the share sale will provide additional liquidity and will be used for general corporate purposes.