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Seadrill declares US Chapter 11 closed

Rig operator Seadrill has reached the other side of a protracted bankruptcy protection in the US. The company also presents financial figures showing an operating profit for the second half-year, but a major combined loss for 2021. New board is appointed.
Photo: PR/Seadrill
Photo: PR/Seadrill
by SØREN PICO

Major rig company Seadrill has finally come out of the US bankruptcy protection necessary to secure approval of a comprehensive crisis plan.

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