Seadrill Limited Price, Forecast, Insider, Ratings, Fundamentals & Signals

Hamilton, bermuda--(business wire)--seadrill initiates share repurchase program. arctic securities to repurchase common shares in open market transactions on the ose and the nyse.

Oslo, norway, oct. 11, 2021 /prnewswire/ -- seadrill limited (sdrl) ("seadrill" or the "company") (ose: sdrl) (otcpk: sdrlf) has announced the voting results for its plan of reorganisation (the "plan").  all voting classes of stakeholders accepted the plan, including all 12 credit facilities and general unsecured creditors and shareholders.

Oslo, norway, sept. 3, 2021 /prnewswire/ -- seadrill limited (sdrl) ("seadrill" or the "company") (ose:sdrl, otcpk:sdrlf) is pleased to announce the united states bankruptcy court for the southern district of texas (the "court") has approved the disclosure statement (the "disclosure statement") for the company's proposed plan of reorganization (the "plan"), paving the way for our emergence from chapter 11 in q4 2021.

Hamilton, bermuda, aug. 20, 2021 /prnewswire/ -- seadrill limited ("seadrill" or "the company") (ose: sdrl) (otcpk: sdrlf), a world leader in offshore drilling, announces a commercial update and provides financial results for the six months ended june 30, 2021.   highlights     operational/commercial       technical utilization of 92% and economic utilization of 88% due to downtime incidents on west saturn and west tellus.

Hamilton, bermuda, aug. 8, 2021 /prnewswire/ -- seadrill limited ("seadrill" or "the company") (ose: sdrl) (otcpk: sdrlf) announces that the company has reached a settlement agreement with northern ocean ltd. ("nol") predominantly with respect to balances outstanding from seadrill's preparation of the west mira and west bollsta rigs.

OSLO, Norway, Oct. 11, 2021 /PRNewswire/ -- Seadrill Limited (SDRL) ("Seadrill" or the "Company") (OSE: SDRL) (OTCPK: SDRLF) has announced the voting results for its plan of reorganisation (the "Plan").  All voting classes of stakeholders accepted the Plan, including all 12 credit facilities and general unsecured creditors and shareholders.

SFL: Don't Look At Their Offshore Rigs Purely As A Liability

OSLO, Norway, Sept. 3, 2021 /PRNewswire/ -- Seadrill Limited (SDRL) ("Seadrill" or the "Company") (OSE:SDRL, OTCPK:SDRLF) is pleased to announce the United States Bankruptcy Court for the Southern District of Texas (the "Court") has approved the disclosure statement (the "Disclosure Statement") for the Company's proposed plan of reorganization (the "Plan"), paving the way for our emergence from Chapter 11 in Q4 2021.

HAMILTON, Bermuda, Aug. 20, 2021 /PRNewswire/ -- Seadrill Limited ("Seadrill" or "the Company") (OSE: SDRL) (OTCPK: SDRLF), a world leader in offshore drilling, announces a commercial update and provides financial results for the six months ended June 30, 2021.   Highlights     Operational/Commercial       Technical utilization of 92% and economic utilization of 88% due to downtime incidents on West Saturn and West Tellus.

HAMILTON, Bermuda, Aug. 8, 2021 /PRNewswire/ -- Seadrill Limited ("Seadrill" or "the Company") (OSE: SDRL) (OTCPK: SDRLF) announces that the Company has reached a settlement agreement with Northern Ocean Ltd. ("NOL") predominantly with respect to balances outstanding from Seadrill's preparation of the West Mira and West Bollsta rigs.

Seadrill announced its restructuring plan which will reduce its liabilities by approximately $5 billion. Shareholders will get 0.25% of new equity if the plan is approved.

HAMILTON, Bermuda, July 24, 2021 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (OSE: SDRL) (OTC-PINK: SDRLF) is pleased to announce that today the Company has entered into a plan support agreement (the "PSA") with certain of the Company's senior secured lenders holding approximately 57.8% of the Company's senior secured loans (the "Consenting Lenders") as well as a backstop commitment letter entered into with certain of the Consenting Lenders.  The agreements contemplate a plan of reorganization (the "Plan") that will raise $350 million in new financing and reduce the Company's liabilities by over $4.9 billion.

HAMILTON, Bermuda, May 31, 2021 /PRNewswire/ -- Seadrill Limited ("Seadrill" or "the Company") (OSE: SDRL) (OTCPK: SDRLF), announces that Glen Ole Rødland has notified Seadrill that he will be stepping down from the Board with immediate effect, having been Chairman since November 2019. The Board would like to thank Glen for his leadership and counsel during his tenure as Chairman of Seadrill, and the work he has led to progress our current restructuring.

HAMILTON, Bermuda, May 17, 2021 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (OSE:SDRL, OTCQX:SDRLF) announces that Seadrill New Finance Limited (the "Issuer"), a subsidiary of the Company, has agreed to extend the existing forbearance agreement announced on 19 April 2021, with respect to the 12.0% senior secured notes due 2025 (the "Notes") with certain holders of the Notes (the "Note Holders"). Pursuant to the forbearance agreement, as extended, the consenting Note Holders have agreed not to exercise any enforcement rights with respect to the Issuer and any subsidiary of the Issuer which is an obligor under the Notes to, or otherwise take actions in respect of, certain events of default that may arise under the Notes as a result of, amongst other things, the Issuer not making the semi-annual 4% cash interest payment due to the senior secured noteholders on 15 January 2021 in respect of their Notes and the filing of Chapter 11 cases in the Southern District of Texas by the Company and certain of its consolidated subsidiaries (excluding the Issuer and its consolidated subsidiaries) until and including the earlier of 28 May 2021 and any termination of the forbearance agreement.

HAMILTON, Bermuda, May 5, 2021 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (OSE:SDRL), (OTCQX:SDRLF) announces that a termination notice has been received for the West Mira from Wintershall Dea.  The West Mira has had a period of unproductive time following an equipment failure on 19 March 2021.