Seadrill could exit Chapter 11 in few days

Rig operator Seadrill expects to come out of US bankruptcy protection in the current month, likely at the end of this week.
Photo: Seadrill
Photo: Seadrill
by søren pico, shippingwatch, translated by jonas sahl hollænder

Later this week, rig company Seadrill expects to come out on the other side of US bankruptcy protection after a protracted process of securing a comprehensive rescue plan through Chapter 11.

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