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Seadrill : SDRL) - Appointment of Chief Financial Officer and Chief Operating Officer (Form 6-K)

Appointment of Chief Financial Officer and Chief Operating Officer

Hamilton, Bermuda | May 27, 2021 - Seadrill Limited , is pleased to announce the appointment of Grant Creed as. | May 27, 2021 ....

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Quenguela drillship secures twelve well contract offshore Angola

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Seadrill Ltd. has announced that a new contract has been secured by Sonadrill Holding Ltd., the 50:50 joint venture with an affiliate of Sonangol E.P.
Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the
Sonangol
Quenguela drillship. Total contract value for the firm portion of the contract is expected to be approximately US$131 million (inclusive of mobiliSation revenue and additional services) with commencement expected in 1Q22 and running to 3Q23. The contract is contingent on National Concessionaire approval.
Sonangol Quenguela is the second of two Sonangol-owned drillships to be bareboat chartered into Sonadrill. The drillship is a 7 ....

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Seadrill asks creditors to write off more than 85% of its debts, filing shows

Offshore drilling rig contractor Seadrill has asked creditors to write off more than 85% of its debts in exchange for a 99% stake in the reorganized company, a court filing showed. ....

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Norway's Seadrill writes down $2.9 billion on its oil rigs

By Reuters Staff
2 Min Read
OSLO, March 4 (Reuters) - Offshore drilling rig contractor Seadrill said on Thursday it had taken an additional $2.9 billion non-cash impairment on its assets due to a bleak outlook for the sector, which has reduced demand for its drilling rigs.
Seadrill, which in February filed for Chapter 11 bankruptcy protection in the United States for the second time in four years, said it expected offshore drilling demand to remain depressed well into 2021, with some degree of market recovery seen by mid-2022.
The $2.9 billion impairment for the second half of 2020 comes on top of $1.2 billion taken on the assets in the first half of last year. ....

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Seadrill again seeks bankruptcy protection in bid to survive

Seadrill again seeks bankruptcy protection in bid to survive
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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