Seadrill set to exit Chapter 11 bankruptcy
APRIL 18, 2018 — Offshore drilling contractor Seadrill Limited reports that its plan of reorganization has been confirmed by the U.S. Bankruptcy Court for the Southern District of Texas. Seadrill says the
John Fredriksen
Seadrill at “pivotal moment” in restructuring plans
FEBRUARY 26, 2018 — John Fredriksen controlled offshore drilling contractor Seadrill Limited reports that it has succeeded in reaching a global settlement with an ad hoc group of bondholders, the official committee
Seadrill files for Chapter 11 bankruptcy
SEPTEMBER 12, 2017 — Offshore drilling contractor Seadrill Limited has today filed prearranged Chapter 11 cases in the Southern District of Texas together with an agreed restructuring plan. As part of the
Marshall Islands court rules against Frontline
JUNE 7, 2017 — DHT Holdings, Inc. (NYSE:DHT) reports that the High Court of the Marshall Islands has denied a request by John Fredriksen controlled Frontline Ltd. for a preliminary injunction relating
DHT say no to latest Frontline approach
MAY 7, 2017 — “We did not build this company simply to hand it over to you on the cheap,” the Board of tanker owner DHT Holdings, Inc. (NYSE: DHT) says in
Seadrill to sell three jack-ups to Shelf Drilling
MAY 1, 2017 — John Fredriksen’s Seadrill Limited today reported that it has reached an agreement with Dubai based Shelf Drilling Ltd to sell the jack-ups West Resolute (Marathon LeTourneau Super 116-C),
Frontline spat with DHT moves to the Marshall Islands
APRIL 27, 2016 — John Fredriksen’s Frontline Ltd.(NYSE/OSE: FRO) is continuing its effort to acquire DHT Holdings, Inc. (NYSE: DHT). Should it succeed the resulting merged company would become the world’s second
Seadrill warns of Chapter 11: Share price plummets
APRIL 4, 2017 — Shares in John Fredriken’s Seadrill Limited (NYSE:SDRL) plunged today as the drilling contractor warned that a restructuring plan it is working on “will likely involve schemes of arrangement
Fredriksen companies give DSME “trillion won” order
MARCH 2, 2017 — Daewoo Shipbuilding & Marine Engineering today announced that, on February 2, it had booked a shipbuilding contract worth a potential one trillion won (about $872 million) from unnamed
Jurong and North Atlantic Drilling extend West Rigel delay
OCTOBER 4, 2016 — Sembcorp Marine Ltd says that its Jurong Shipyard Pte Ltd subsidiary has agreed to continue its standstill agreement with John Fredriksen backed North Atlantic Drilling Ltd for the