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Home Icon > About Us > News > Seadrill set to emerge from chapter 11 after court approves restructuring plan

Seadrill set to emerge from chapter 11 after court approves restructuring plan

John Fredriksen-controlled offshore driller Seadrill has received approval from a court in Texas for its proposed restructuring plan, setting the stage for the company’s emergence from chapter 11 in the fourth quarter of this year. The offshore driller, which is in its second bankruptcy proceedings in the US in a few years, secured the backing …

WP_Post Object ( [ID] => 255775 [post_author] => 103 [post_date] => 2021-09-05 18:35:00 [post_date_gmt] => 2021-09-05 18:35:00 [post_content] =>

John Fredriksen-controlled offshore driller Seadrill has received approval from a court in Texas for its proposed restructuring plan, setting the stage for the company’s emergence from chapter 11 in the fourth quarter of this year. The offshore driller, which is in its second bankruptcy proceedings in the US in a few years, secured the backing …

[post_title] => Seadrill set to emerge from chapter 11 after court approves restructuring plan [post_excerpt] => John Fredriksen-controlled offshore driller Seadrill has received approval from a court in Texas for its proposed restructuring plan, setting the stage for the company’s emergence from chapter 11 in the fourth quarter of this year. The offshore d... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => seadrill-set-to-emerge-from-chapter-11-after-court-approves-restructuring-plan [to_ping] => [pinged] => [post_modified] => 2021-09-06 02:40:00 [post_modified_gmt] => 2021-09-06 02:40:00 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=150554 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )