Fredriksen ‘Close’ Seadrill Debt Restructuring Deal
OSLO, Feb 17 (Reuters) – Seadrill’s main owner, billionaire John Fredriksen, is close to reaching a final agreement with banks, bondholders and
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
ISTANBUL, July 13 (Reuters) – Turkey has sent two ships and a submarine to monitor a drilling vessel in the eastern Mediterranean Sea, the military said
By Mikael Holter (Bloomberg) — Seadrill Ltd. jumped as much as 26 percent as the offshore driller controlled by John Fredriksen said it’s getting
By Mikael Holter (Bloomberg) — Seadrill Ltd., once the crown jewel of billionaire John Fredriksen’s business empire, is now at the mercy of
By Mikael Holter (Bloomberg) — Seadrill Ltd., the offshore driller controlled by billionaire John Fredriksen, fell 38 percent after warning its
OSLO, March 13 (Reuters) – Billionaire investor John Fredriksen has agreed to buy an oil drilling vessel from South Korean shipyard Hyundai Samho Heavy
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
By Gwladys Fouche and Joachim Dagenborg OSLO, Jan 31 (Reuters) – Oil rig firm Seadrill is looking to raise at least $1 billion in new capital as it
By Mikael Holter and Luca Casiraghi (Bloomberg) — Seadrill Ltd.’s billionaire chairman and largest shareholder, John Fredriksen, is willing to
by Mikael Holter (Bloomberg) Explorers in 2015 discovered only about a tenth as much oil as they have annually on average since 1960. This year,
OSLO, Aug 25 (Reuters) – Norway-listed offshore driller Seadrill, once the crown jewel in the business empire of shipping tycoon John Fredriksen, said
BY GWLADYS FOUCHE AND STEPHEN JEWKES (Reuters) European suppliers to the oil industry, hit by their customers’ spending cutbacks over the past two years,
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