Offshore driller exits Chapter 11
Offshore drilling contractor Valaris — which until a 2019 name change was called EnscoRowan — reports that on April 30, 2021, it completed its financial restructuring and emerged from Chapter 11 bankruptcy.
offshore drilling contractor
Diamond Offshore files for Chapter 11
Houston-headquartered offshore drilling contractor Diamond Offshore Drilling, Inc. (NYSE: DO) reports that it and select subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in the
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
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
Newbuild jack-up damaged in shipyard crane boom collapse
MARCH 1, 2016 — Offshore drilling contractor Noble Corporation plc (NYSE: NE) reports that its newbuild jack-up rig, the Noble Lloyd Noble, sustained damage on February 28, 2016 following the collapse of
Newbuild Songa semi to get sponsons and blisters
MARCH 24, 2015 — Offshore drilling contractor Songa Offshore says that its cat D mid-water semi-submersible Songa Equinox went on sea trials as planned on March 19, 2015. Prior to sea trial
Seadrill gets a new CEO
JULY 19, 2013 — Per Wullf is to succeed Fredrik Halvorsen as Chief Executive Officer of Seadrill Management Limited. Mr. Wullf has worked for Seadrill since February 2009 as Executive Vice President