February 26, 2018 / 10:48 AM / 4 months ago

Seadrill, creditors file joint restructuring plan -court filing

OSLO, Feb 26 (Reuters) - Oslo-listed rig firm Seadrill and its major creditors filed a joint amendment to the company’s financial restructuring plan on Monday, U.S. court documents showed.

The Oslo and New York-listed firm, once the world’s largest offshore driller by market value, filed for Chapter 11 bankruptcy protection at a Texas bankruptcy court last September after a sharp drop in oil prices in 2014 cut demand for rigs. (Reporting by Oslo newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below