Offshore

Seadrill gets more time for restructuring

John Fredriksen's rig company Seadrill has now received an extension on a credit facility for a subsidiary in a move that secures Seadrill's restructuring process going forward.
Photo: Photo: Seadrill
Photo: Photo: Seadrill
by LOUISE VOGDRUP-SCHMIDT

John Fredriksen is working intensely with his executive team to settle a comprehensive restructuring of Seadrill, whose financial state in is dire straits.

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