Recent events
Recent events tied to this brand in public sources.
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2021
Seadrill announces a new board for its reorganized parent company
Seadrill announced that a new independent seven-member board would assume leadership of the Seadrill group's new parent company upon its emergence from Chapter 11. The company was targeting emergence early in 2022.
2021
Court confirms Seadrill reorganization plan
Seadrill announced that the U.S. Bankruptcy Court for the Southern District of Texas confirmed its Plan of Reorganization. The plan provides for $350 million in new financing and a $4.9 billion reduction in existing liabilities.
2021
Seadrill Asia units file for bankruptcy protection
Seadrill filed for bankruptcy protection for its Asian units in the US Bankruptcy Court for the Southern District of Texas.
2020
Seadrill appoints Stuart Jackson as CEO
Seadrill Limited's board announced Stuart Jackson's appointment as chief executive officer, succeeding Anton Dibowitz with immediate effect. Grant Creed will become chief restructuring officer and Neil Gilliver chief accounting officer as the CFO role is divided into two roles.
2020
Seadrill announces acquisition of Asia Offshore Drilling shares
Seadrill announced that it had acquired Asia Offshore Drilling’s 33.76% minority holding for USD 31 million. Completion of the share transfer and payment was expected by the end of September 2020.