Seadrill files for bankruptcy

  Seadrill Ltd and most of its subsidiaries have filed for Chapter 11 proceedings in the…

Fredriksen steps down as Seadrill’s board chairman

  Billionaire John Fredriksen stepped down as chairman of Seadrill Ltd., raising the question of whether…

Seadrill files for bankruptcy restructuring

By Jite Eriabie  As expected John Fredriksen’s rig owning company Seadrill has filed for a Chapter…

Seadrill decides on Chapter 11 bankruptcy Sept 12 

Offshore driller Seadrill plans to launch a long-awaited Chapter 11 debt restructuring by Sept. 12, aims to…

Seadrill again on the verge of bankruptcy, extends $14bn debt talks

Offshore drilling contractor Seadrill again delayed restructuring its $14 billion in debt and liabilities on Wednesday…

Seadrill names new CEO as debt talks progress 

  Seadrill Ltd. jumped as much as 26 percent as the offshore driller controlled by John…

Seadrill thrown into wilderness as biggest funds dump stock

Seadrill Ltd., once the crown jewel of billionaire John Fredriksen’s business empire, is now at the…

Seadrill thrown into wilderness as biggest funds dump stock

Seadrill Ltd., once the crown jewel of billionaire John Fredriksen’s business empire, is now at the…

Seadrill drops to record low after warning shareholders on losses

Seadrill Ltd, the offshore driller controlled by billionaire John Fredriksen, fell 38 percent after warning its…

Beleaguered Seadrill at risk of Chapter 11 bankruptcy

Rig firm Seadrill, battling with $14 billion in debt and liabilities, said on Tuesday it may…

Seadrill seeks $1bn lifeline as debt deal delayed again

Oil rig firm Seadrill is looking to raise at least $1 billion in new capital as…

Seadrill seeks more newbuild deferments in battered offshore market

Seadrill Limited is seeking more deferments for its newbuild deliveries of jack-ups and drillships, after concluding…