Seadrill sets up new board of directors following extensive restructuring
Restructured drilling company Seadrill has formed a new board of directors to assume leadership of the company upon exiting bankruptcy protection in the beginning of next year. The Norwegian state will become the new majority shareholder through its export credit institution.
BY DANIEL LOGAN, SHIPPINGWATCH, TRANSLATED BY CHRISTOFFER ØSTERGAARD
Seadrill, owned by Norwegian-Cypriot shipping tycoon John Fredriksen, has set up an entirely new board of directors poised to take over once the company emerges from Chapter 11 bankruptcy protection in the beginning of 2022.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
.jpg&w=384&q=75){kind=logo}
