Seadrill Eyes Growth via Acquisitions
OSLO, Sept 11 (Reuters) – Offshore drilling contractor Seadrill is looking to buy more assets or create a larger player by merging with peers, the
OSLO, Sept 11 (Reuters) – Offshore drilling contractor Seadrill is looking to buy more assets or create a larger player by merging with peers, the
Offshore drilling contractor Seadrill has emerged from its second bankruptcy in four years after successfully completing its reorganization pursuant to its
Stakeholders of offshore drilling contractor Seadrill have overwhelmingly accepted the company’s plan of reorganization, paving the way the company to
By David French (Reuters) Noble Corp and a consortium that includes Transocean Ltd and Dolphin Drilling are competing to acquire the assets of Seadrill Ltd,
By Rafaela Lindeberg (Bloomberg) — Offshore contractor Seadrill Ltd., owned by billionaire John Fredriksen, is proposing a debt write-off of just over
By Mikael Holter (Bloomberg) — John Fredriksen’s stake in Seadrill Ltd., once worth more than $5 billion, was virtually wiped out in the
Offshore drilling contractor Seadrill Limited announced Monday it has emerged from chapter 11 after successfully completing its commitments under a plan of
Bankrupt offshore drilling contractor Seadrill has announced that it anticipates emerge from the chapter 11 process in the first half of July 2018 upon
By Nerijus Adomaitis and Tom Hals OSLO/WILMINGTON, Del., Feb 26 (Reuters) – Shipping tycoon John Fredriksen has reached an agreement with a majority
OSLO, Feb 17 (Reuters) – Seadrill’s main owner, billionaire John Fredriksen, is close to reaching a final agreement with banks, bondholders and
By Nerijus Adomaitis and Tom Hals OSLO/WILMINGTON, Delaware, Feb 15 (Reuters) – Seadrill’s main owner, billionaire John Fredriksen, is close
By Mikael Holter (Bloomberg) — After alternative proposals were unveiled seeking to challenge Seadrill Ltd.’s restructuring plan, one of the oil-rig
by Chris Hughes (Bloomberg) Shipping billionaire John Fredriksen struck a deal to save his Seadrill Ltd oil services company from collapse in 2017. Next year,
By Chris Hughes (Bloomberg Gadfly) — Founder John Fredriksen has had to watch the value of Seadrill Ltd fall from more than $20 billion to barely $100
By Steven Church, Mikael Holter, Angelina Rascouet and Luca Casiraghi (Bloomberg) — Seadrill Ltd., the offshore driller controlled by
Seadrill has commenced its long-awaited comprehensive restructuring plan which includes a prearranged Chapter 11 bankruptcy as the offshore driller finally
By Nerijus Adomaitis and Joachim Dagenborg OSLO, Aug 24 (Reuters) – Offshore driller Seadrill plans to launch a long-awaited Chapter 11 debt
By Ole Petter Skonnord OSLO, July 26 (Reuters) – Offshore drilling contractor Seadrill again delayed restructuring its $14 billion in debt and
By Mikael Holter (Bloomberg) — Seadrill Ltd., once the crown jewel of billionaire John Fredriksen’s business empire, is now at the mercy of
By Gwladys Fouche and Ole Petter Skonnord OSLO, Feb 28 (Reuters) – Rig firm Seadrill, battling with $14 billion in debt and liabilities, said on Tuesday
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