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Seadrill Limited (SDRL): Filing of Chapter 11 Cases for Seadrill


Seadrill Limited (SDRL): Filing of Chapter 11 Cases for Seadrill
HAMILTON, Bermuda, Feb. 10, 2021
/PRNewswire/ The Board of Seadrill Limited ( Seadrill or the Company ) (OSE: SDRL, OTCQX:SDRLF) today announces that Chapter 11 cases have been filed in the Southern District of Texas in respect of Seadrill and its consolidated subsidiaries (the Seadrill Group ) with the exceptions set out below.
These filings are made in addition to the Chapter 11 cases filed separately for Seadrill GCC Operations Ltd, Asia Offshore Limited, Asia Offshore Rig 1 Limited, Asia Offshore Rig 2 Limited and Asia Offshore Rig 3 Limited, as announced by the Company on February 7, 2021. The Chapter 11 filings do not include Seadrill New Finance Limited and its subsidiaries; Seabras Servicos de Petroleo SA, Seadrill JU Newco Bermuda Limited, Seadrill Member LLC, Seadrill Mobile Units UK Limited, Seadrill Partners LLC Holdco Limited, Seadrill Seabras SP UK Limited, Seadrill Seabras UK Limited ....

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Seadrill Limited (SDRL): Asia Offshore Drilling Chapter 11 Filing


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HAMILTON, Bermuda, Feb. 8, 2021 /PRNewswire/ The Board of Seadrill Limited ( Seadrill or the Company ) (OSE: SDRL)  (OTCQX: SDRLF) today announces that Chapter 11 cases have been filed in the Southern District of Texas in respect of Seadrill s wholly-owned subsidiaries Seadrill GCC Operations Ltd, Asia Offshore Drilling Limited, Asia Offshore Rig 1 Limited, Asia Offshore Rig 2 Limited and Asia Offshore Rig 3 Limited (jointly, the AOD Companies ).
The Chapter 11 cases were filed as a protective measure to support Seadrill s broader comprehensive financial restructuring and will in no way affect the safe and efficient operation of the AOD offshore drilling units. The Company will request authority to pay its key trade creditors and employee wages and benefits without change or interruption and expects it will pay all suppliers and vendors in full under normal terms for goods and services provided during the Chapter 11 cases. ....

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Seadrill Shakes Up Top Brass


The Board of Seadrill Limited (OSE: SDRL, OTCQX:SDRLF) has announced the appointment of Reid Warriner as chief operating officer and Leif Nelson as chief technology officer, effective immediately.
The Board of Seadrill Limited (OSE: SDRL, OTCQX:SDRLF) has announced the appointment of Reid Warriner as chief operating officer and Leif Nelson as chief technology officer, effective immediately.
As COO, Warriner will oversee daily operational delivery for Seadrill’s customers across the Harsh Environment, Jack-Up and Floater Operating Units, Seadrill noted. He will also drive to achieve the highest safety standards while enhancing the operational performance of the company’s long-term fleet and scrapping assets which will no longer have a role to play, according to Seadrill. ....

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Seadrill Limited (SDRL): Chief Operating Officer and Chief Technology Officer appointments


Seadrill Limited (SDRL): Chief Operating Officer and Chief Technology Officer appointments
HAMILTON, Bermuda, Dec. 17, 2020 /PRNewswire/ The Board of Seadrill Limited ( Seadrill or the Company ) (OSE: SDRL, OTCQX:SDRLF) is pleased to announce the appointment of Reid Warriner as Chief Operating Officer and Leif Neilson as Chief Technology Officer, effective immediately.
These senior management changes build upon the significant contributions Reid and Leif have already delivered in their previous roles at Seadrill.
As Chief Operating Officer, Reid Warriner will oversee daily operational delivery for Seadrill s customers across the Harsh Environment, Jack-Up and Floater Operating Units. In this role, Reid will drive to achieve the highest safety standards whilst enhancing the operational performance of our long-term fleet and scrapping assets which will no longer have a role to play. ....

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