Seadrill Limited (SDRL) 🛢

[E24Bot]

Seadrill-kreditorene godtar redningsplan

Seadrill-kreditorene godtar redningsplan

[TekBot]

Seadrill New Finance Limited (the “Issuer”) - Pemex Exploración y Producción (“Pemex”) payment

Hamilton, Bermuda, October 11, 2021 - Seadrill Limited (“Seadrill” or “the
Company”) (OSE:SDRL, OTCPK:SDRLF) and the Issuer announce that at the end of
September 2021, certain subsidiaries of SeaMex Ltd. (in provisional
…

Vis børsmeldingen

liquidation), a 50/50 joint venture entered into by one of the Issuer’s
subsidiaries, Seadrill JU Newco Bermuda Ltd., received payments amounting to
approximately US$31.4m from Pemex, the key customer of the SeaMex Ltd. group, in
respect of historic unpaid invoices.

This announcement relates to SeaMex Ltd. and has no relation to Seadrill
Limited’s plan of reorganisation (the “Plan”) and therefore does not impact the
recoveries existing shareholders of Seadrill Limited will receive under the
Plan. Consummation of the Plan is subject to a number of customary terms and
conditions, including court approval.

FORWARD LOOKING STATEMENTS

This news release includes forward looking statements. Such statements are
generally not historical in nature, and specifically include statements about
the Company’s plans, strategies, business prospects, changes and trends in its
business, the markets in which it operates and its restructuring efforts. These
statements are made based upon management’s current plans, expectations,
assumptions and beliefs concerning future events impacting the Company and
therefore involve a number of risks, uncertainties and assumptions that could
cause actual results to differ materially from those expressed or implied in the
forward-looking statements, which speak only as of the date of this news
release. Consequently, no forward-looking statement can be guaranteed. When
considering these forward-looking statements, you should keep in mind the risks
described from time to time in the Company’s regulatory filings and periodical
reporting. The Company undertakes no obligation to update any forward looking
statements to reflect events or circumstances after the date on which such
statement is made or to reflect the occurrence of unanticipated events. New
factors emerge from time to time, and it is not possible for the Company to
predict all of these factors. Further, the Company cannot assess the impact of
each such factor on its business or the extent to which any factor, or
combination of factors, may cause actual results to be materially different from
those contained in any forward looking statement.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

seadrill@hawthornadvisors.com

020 3745 4960

Kilde

[TekBot]

NOTIFICATION

Hemen Holding Limited has today sold 60,000 shares in Seadrill Limited (SDRL). Following this transaction, Hemen Holding Limited and its wholly owned subsidiary Hemen Investments Limited owns 15,049,648 shares in Seadrill Limited, which represents 14.99% of the shares and votes of Seadrill Limited.
…

Vis børsmeldingen

Kilde

[E24Bot]

Det er bare et spørsmål om tid før Seadrill-kursen imploderer

Det er bare et spørsmål om tid før Seadrill-kursen imploderer

[TekBot]

OSLO BØRS - STATUS COMPANIES PLACED IN RECOVERY BOX AND PENALTY BENCH

Currently the following companies are placed in Recovery Box:

Insr Insurance Group ASA (INSR) (since 29.06.2020)
…

Vis børsmeldingen

Prosafe SE (PRS) (since 05.11.2020)
Seadrill Ltd (SDRL) (since 05.11.2020)

Recovery Box is a special compartment where Oslo Børs can place securities where the Issuer is subject to circumstances that make pricing of the securities particularly uncertain.

Recovery Box is regulated in section 2.10.2 of Oslo Rule Book II (Oslo Børs and Euronext Expand) and section 3.8.2 of Euronext Growth Oslo Rule Book Part II. The relevant security will remain in the Recovery Box until the circumstances for the allocation to the Recovery Box are no longer present.

Currently the following companies are placed in Penalty Bench:

DOF ASA (DOF) (since 15.03.2021)
Netoil Capital Ltd. (NOC) (since 23.07.2021)
Insr Insurance Group ASA (INSR) (since 30.08.2021)

Penalty Bench is a special compartment where the securities of Issuers that fail to comply with the Rules are placed.

Penalty Bench is regulated in section 2.10.3 of Oslo Rule Book II (Oslo Børs and Euronext Expand) and section 3.8.3 of Euronext Growth Oslo Rule Book Part II. Oslo Børs will remove a security from the Penalty Bench and allocate the security to the normal compartment when the issuer has corrected the violation of the Rules that was the reason for allocating the security to the Penalty Bench.

Kilde

[TekBot]

SDRL: Seadrill Announces Confirmation of Plan of Reorganization

Hamilton, Bermuda, October 26, 2021 - Seadrill Limited (“Seadrill” or “the
Company”) (OSE:SDRL, OTCPK:SDRLF) announces that its Plan of Reorganization (the
“Plan”) has been confirmed by the U.S. Bankruptcy Court for the Southern
…

Vis børsmeldingen

District of Texas. Earlier this month, the Plan received overwhelming support
from the Company’s stakeholders.

Following the Court’s approval of the Plan, Seadrill is targeting an exit of
Chapter 11 proceedings in approximately 60 days. This is subject to certain
customary conditions, including certain antitrust approvals.

The Plan raises $350 million in new financing and reduces the Company’s existing
liabilities by $4.9 billion, while leaving employee, customer, and trade claims
unaffected. Existing shareholders will see their holding in the post emergence
entity decrease to 0.25%.

Commenting today, Stuart Jackson, Seadrill Chief Executive Officer, said:
"Confirmation of the Plan by the Court is a watershed moment for Seadrill and
one we should celebrate as we move into the final stages to emerge from Chapter
11. Achieving this milestone would not be possible without the collective
efforts of our employees, customers, partners, suppliers, creditors and
shareholders. The continued support from this broad Seadrill community is one of
our greatest assets and will be critical to the success of our next chapter as
we reinforce our position as a market leader.

“With emergence around the end of the year, we stand alongside our offshore
drilling peers focused on safe and efficient delivery to our customers in an
industry that continues to need to evolve. Seadrill’s strong brand will ensure
we maintain a leadership position in future developments.”

Copies of the Plan and Disclosure Statement, as well as other information
regarding the Company’s chapter 11 cases, are available at the following
website:
Prime Clerk (https://urldefense.com/v3/https:
/cases.primeclerk.com/SeadrillLimited/;!!MPAZj1r9Mghpww!SWLkYiFCItix20FrqOZcJYR
t31kWp3hgNt6mOtCPeB_4tyVHK8TAmxIBEACxVl9uJxa19Q$).

About Seadrill

Seadrill is a leading offshore drilling contractor utilizing advanced technology
to unlock oil and gas resources for clients across harsh and benign locations
across the globe. Seadrill’s high quality, technologically advanced fleet spans
all asset classes allowing its experienced crews to conduct its operations from
shallow to ultra-deep-water environments. The Company owns and/or operates 39
rigs, which includes drillships, jack-ups and semi-submersibles.

Seadrill is listed on the Oslo Børs and OTC Pink markets. For more information,
visit https://www.seadrill.com/.

FORWARD LOOKING STATEMENTS

This news release includes forward looking statements. Such statements are
generally not historical in nature, and specifically include statements about
the Company’s plans, strategies, business prospects, changes and trends in its
business, the markets in which it operates and its restructuring efforts. These
statements are made based upon management’s current plans, expectations,
assumptions and beliefs concerning future events impacting the Company and
therefore involve a number of risks, uncertainties and assumptions that could
cause actual results to differ materially from those expressed or implied in the
forward-looking statements, which speak only as of the date of this news
release. Consequently, no forward-looking statement can be guaranteed. When
considering these forward-looking statements, you should keep in mind the risks
described from time to time in the Company’s regulatory filings and periodical
reporting. The Company undertakes no obligation to update any forward looking
statements to reflect events or circumstances after the date on which such
statement is made or to reflect the occurrence of unanticipated events. New
factors emerge from time to time, and it is not possible for the Company to
predict all of these factors. Further, the Company cannot assess the impact of
each such factor on its business or the extent to which any factor, or
combination of factors, may cause actual results to be materially different from
those contained in any forward looking statement.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

seadrill@hawthornadvisors.com

020 3745 4960

Kilde

[Rodjer]

I E24 har de virkelig kontroll på tall og slikt: Voldsom reduksjon av gjeld

“Planen innebærer å hente inn 350 millioner i nye midler, og redusere den nåværende gjelden med 4,9 millioner, ifølge meldingen. Samtidig vil det ikke berøre ansatte, kunder eller handelskrav, opplyser selskapet.”

[E24Bot]

Seadrills redningsplan godkjent av domstol

Seadrills redningsplan godkjent av domstol

[Jopaul02]

Kjenner at det er godt å sitte i NOL nå

[TekBot]

Seadrill New Finance Limited (the “Issuer”) - Update on SeaMex restructuring

Hamilton, Bermuda | November 2, 2021 - Seadrill Limited (“Seadrill” or the
“Company”) (OSE: SDRL, OTCPK:SDRLF) and the Issuer announce, further to the
announcements made by Seadrill and the Issuer including on June 18 2021, July 2,
…

Vis børsmeldingen

2021, August 31, 2021 and September 2, 2021 (the “Previous Announcements”),
completion of the business and asset purchase agreement (“SPA”) which has
effected the sale of substantially all of the assets of SeaMex Ltd. (provisional
liquidators appointed) (“SeaMex”), including the shares in its subsidiaries (the
“SeaMex Subsidiaries”) by the joint provisional liquidators of SeaMex to a newly
incorporated wholly owned subsidiary of the Issuer.

Consideration for the sale of assets contemplated by the SPA included the
release of approximately $300 million of intercompany debt owing to one of the
Issuer’s indirect subsidiaries, resulting in a significantly deleveraged capital
structure for the SeaMex Subsidiaries. Furthermore, as outlined in the Previous
Announcements, the SeaMex Subsidiaries will have access to additional liquidity
following a refinancing transaction that completed on August 31, 2021, and
receipt of recent payments from their key customer, Pemex Exploración y
Producción. Consideration for the sale also included the release of the
guarantee provided by SeaMex in respect of the SeaMex Subsidiaries’ new secured
notes, with a subsidiary of the Issuer acceding as guarantor in respect of the
notes. The completion of the SPA was subject to certain customary conditions,
including certain antitrust approvals.

As outlined in the Previous Announcements, completion of the SPA is a key step
in the overall restructuring of SeaMex, which has the support of approximately
81% of the Issuer’s secured creditors, and 100% of the SeaMex Subsidiaries’
secured creditors. The sale is at the holding company level only and will not
impact the operational activities of the business. There will similarly be no
impact to employees, customers or suppliers.

The Issuer continues to take steps to give effect to the restructuring of the
Issuer and its 12.0% senior secured notes due 2025 (the “Notes”) as contemplated
by the Restructuring Support Agreement entered into between the Issuer and
certain of its subsidiaries and approximately 81% of holders of the Notes, dated
July 2, 2021. The restructuring of the Issuer is expected to be implemented
through a pre-packaged Chapter 11 process. For further details, please refer to
the Previous Announcements.

This announcement relates to SeaMex Ltd. and has no relation to Seadrill
Limited’s plan of reorganisation (the “Plan”) and therefore does not impact the
recoveries existing shareholders of Seadrill Limited will receive under the
Plan. Consummation of the Plan is subject to a number of customary terms and
conditions, including court approval, which was obtained on October 26, 2021.

FORWARD LOOKING STATEMENTS

This news release includes forward looking statements. Such statements are
generally not historical in nature, and specifically include statements about
the Company’s plans, strategies, business prospects, changes and trends in its
business, the markets in which it operates and its restructuring efforts. These
statements are made based upon management’s current plans, expectations,
assumptions and beliefs concerning future events impacting the Company and
therefore involve a number of risks, uncertainties and assumptions that could
cause actual results to differ materially from those expressed or implied in the
forward-looking statements, which speak only as of the date of this news
release. Consequently, no forward-looking statement can be guaranteed. When
considering these forward-looking statements, you should keep in mind the risks
described from time to time in the Company’s regulatory filings and periodical
reporting. The Company undertakes no obligation to update any forward looking
statements to reflect events or circumstances after the date on which such
statement is made or to reflect the occurrence of unanticipated events. New
factors emerge from time to time, and it is not possible for the Company to
predict all of these factors. Further, the Company cannot assess the impact of
each such factor on its business or the extent to which any factor, or
combination of factors, may cause actual results to be materially different from
those contained in any forward looking statement.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

seadrill@hawthornadvisors.com

020 3745 4960

Kilde

[TekBot]

Seadrill New Finance Limited (the “Issuer”) – Update on SeaMex restructuring

Hamilton, Bermuda | November 2, 2021 - Seadrill Limited (“Seadrill” or the “Company”) (OSE: SDRL, OTCPK:SDRLF) and the Issuer announce, further to the announcements made by Seadrill and the Issuer including on June 18 2021, July 2, 2021, August 31, 2021 and September 2, 2021 (the “Previous Announcements”), completion of the business and asset purchase agreement (“SPA”) which has effected the sale of substantially all of the assets of SeaMex Ltd. (provisional liquidators appointed) (“SeaMex”), including the shares in its subsidiaries (the “SeaMex Subsidiaries”) by the joint provisional liquidators of SeaMex to a newly incorporated wholly owned subsidiary of the Issuer.

Consideration for the sale of assets contemplated by the SPA included the release of approximately $300 million of intercompany debt owing to one of the Issuer’s indirect subsidiaries, resulting in a significantly deleveraged capital structure for the SeaMex Subsidiaries. Furthermore, as outlined in the Previous Announcements, the SeaMex Subsidiaries will have access to additional liquidity following a refinancing transaction that completed on August 31, 2021, and receipt of recent payments from their key customer, Pemex Exploración y Producción. Consideration for the sale also included the release of the guarantee provided by SeaMex in respect of the SeaMex Subsidiaries’ new secured notes, with a subsidiary of the Issuer acceding as guarantor in respect of the notes. The completion of the SPA was subject to certain customary conditions, including certain antitrust approvals.
…

Vis børsmeldingen

As outlined in the Previous Announcements, completion of the SPA is a key step in the overall restructuring of SeaMex, which has the support of approximately 81% of the Issuer’s secured creditors, and 100% of the SeaMex Subsidiaries’ secured creditors. The sale is at the holding company level only and will not impact the operational activities of the business. There will similarly be no impact to employees, customers or suppliers.

The Issuer continues to take steps to give effect to the restructuring of the Issuer and its 12.0% senior secured notes due 2025 (the “Notes”) as contemplated by the Restructuring Support Agreement entered into between the Issuer and certain of its subsidiaries and approximately 81% of holders of the Notes, dated July 2, 2021. The restructuring of the Issuer is expected to be implemented through a pre-packaged Chapter 11 process. For further details, please refer to the Previous Announcements.

This announcement relates to SeaMex Ltd. and has no relation to Seadrill Limited’s plan of reorganisation (the “Plan”) and therefore does not impact the recoveries existing shareholders of Seadrill Limited will receive under the Plan. Consummation of the Plan is subject to a number of customary terms and conditions, including court approval, which was obtained on October 26, 2021.

FORWARD LOOKING STATEMENTS

This news release includes forward looking statements. Such statements are generally not historical in nature, and specifically include statements about the Company’s plans, strategies, business prospects, changes and trends in its business, the markets in which it operates and its restructuring efforts. These statements are made based upon management’s current plans, expectations, assumptions and beliefs concerning future events impacting the Company and therefore involve a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, which speak only as of the date of this news release. Consequently, no forward-looking statement can be guaranteed. When considering these forward-looking statements, you should keep in mind the risks described from time to time in the Company’s regulatory filings and periodical reporting. The Company undertakes no obligation to update any forward looking statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for the Company to predict all of these factors. Further, the Company cannot assess the impact of each such factor on its business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward looking statement.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

[E24Bot]

Tror Seadrill kan stå for tur i oppkjøpsbølge i rigg

Tror Seadrill kan stå for tur i oppkjøpsbølge i rigg

[TekBot]

Seadrill Limited Announces Appointment of Successor Company Board of Directors

SDRL - Seadrill Limited Announces Appointment of Successor Company Board of
Directors

…

Vis børsmeldingen

Hamilton, Bermuda, November 17, 2021 - Seadrill Limited or (“the Company”)
(OSE:SDRL, OTCPK:SDRLF) announces today that a new, independent, seven-member
Board of Directors (“Board”) will assume leadership of the new parent company of
the Seadrill group upon emergence from Chapter 11. Seadrill received
confirmation of its Plan of Reorganization on 26 October 2021 and is targeting
emergence early in 2022.

The Board will be comprised of the following individuals, who collectively bring
extensive industry and leadership experience:

Julie Johnson Robertson, Chair of the Board

Ms. Robertson is one of the most respected leaders in the offshore drilling
business, and she also was one of the highest ranking female chief executives in
the energy sector. Her career at Noble and its predecessor companies spanned
more than 40 years and many roles, including Executive Chairman, President, and
CEO. She currently sits on the Board of Directors for EOG Resources and Superior
Energy Services. She is a resident of Houston, Texas.

Mark McCollum, Chair of Audit Committee

Mr. McCollum has extensive global OFSE experience and is an NYSE financial
expert who has chaired three different public-company Audit Committees. He is a
17-year veteran of the oil and gas industry, having most recently served as
President and CEO of Weatherford International. He also held several roles of
prominence at Halliburton, including EVP and CFO. He currently sits on the Board
of Directors for Westlake Chemical Corporation. He is a resident of Houston,
Texas.

Karen Dyrskjot Boesen

Ms. Boesen brings more than 20 years’ experience from finance and commercial
roles, and more recently general management roles, within the Oil & Gas
industry. She currently serves as the Group Chief Financial Officer at Sonnedix
Group. She has previously held various CFO roles at TotalEnergies and A.P.
Møller-Mærsk. She is a resident of London, England.

Jean Cahuzac

Mr. Cahuzac is a highly regarded senior executive in the offshore energy service
industry. Until recently the CEO of Subsea 7, he brings over 41 years in the
industry having previously worked for Transocean and Schlumberger in operational
and management roles. He currently sits on the Audit Committee at Subsea 7 and
is a member of the Board at Bourbon Maritime. He is a resident of Paris, France.

Jan Kjaervik

Mr Kjærvik is an accomplished financial executive who brings over 35 years of
experience in financial roles across the banking, energy and maritime sectors.
He was most recently Head of Treasury & Risk for A.P. Møller-Mærsk and prior to
that held similar role at Aker Kværner/Solutions. He currently sits on the Board
of Directors for Høegh Autoliners. Previous directorships includes Mærsk Supply
Service, Mærsk Insurance, Danish Ship Finance and Britannia PI. He is a resident
of Oslo, Norway.

Andrew Schultz

Mr. Schultz is an experienced turnaround investor and executive, as well as a
seasoned director with extensive experience in stressed and distressed
situations. As a lawyer and investor, his career has spanned many industries. He
is very familiar with both the offshore drilling sector and the E&P sector,
serving as Board Chair for Pacific Drilling and a Director for Vanguard Natural
Resources. Currently a professional non-executive director advisor, he sits on a
total of seven Boards. He is a resident of New Canaan, Connecticut.

Paul Smith

Mr. Smith is a highly analytical and energetic financial leader who brings depth
and expertise in capital allocation, capital structure, capital markets, and
restructurings with a global track record across various industries, including
mining & metals, oil & gas, and steel. Currently, he is Founder and Principal of
Collingwood Capital Partners which manages public and private investments
focused on resources, energy transformation, and technology sectors. He had a
nine-year career with Glencore, culminating as CFO for Katanga Mining. He
currently sits on the Board for Trident Royalties. He is a resident of Zug,
Switzerland.

Commenting on the new board, Seadrill Chief Executive Officer Stuart Jackson
said: “We look forward to welcoming this new Board of Directors to help grow the
Seadrill brand and execute on our strategic priorities. The new Seadrill will
start 2022 in a position of strength and, together with our new Board, we will
be ready to focus on the reshaping of the industry.”

About Seadrill

Seadrill is a leading offshore drilling contractor utilizing advanced technology
to unlock oil and gas resources for clients across harsh and benign locations
across the globe. Seadrill’s high quality, technologically advanced fleet spans
all asset classes allowing its experienced crews to conduct its operations from
shallow to ultra-deep-water environments. The Company operates 38 rigs, which
includes drillships, jack-ups and semi-submersibles.

Seadrill is listed on the Oslo Børs and OTC Pink markets. For more information,
visit https://www.seadrill.com/.

FORWARD LOOKING STATEMENTS

This news release includes forward looking statements. Such statements are
generally not historical in nature, and specifically include statements about
the Company’s plans, strategies, business prospects, changes and trends in its
business, the markets in which it operates and its restructuring efforts. These
statements are made based upon management’s current plans, expectations,
assumptions and beliefs concerning future events impacting the Company and
therefore involve a number of risks, uncertainties and assumptions that could
cause actual results to differ materially from those expressed or implied in the
forward-looking statements, which speak only as of the date of this news
release. Consequently, no forward-looking statement can be guaranteed. When
considering these forward-looking statements, you should keep in mind the risks
described from time to time in the Company’s regulatory filings and periodical
reporting. The Company undertakes no obligation to update any forward looking
statements to reflect events or circumstances after the date on which such
statement is made or to reflect the occurrence of unanticipated events. New
factors emerge from time to time, and it is not possible for the Company to
predict all of these factors. Further, the Company cannot assess the impact of
each such factor on its business or the extent to which any factor, or
combination of factors, may cause actual results to be materially different from
those contained in any forward looking statement.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Media questions should be directed to:
Sara Dunne
Director of Communications
communications@seadrill.com

• 1 281 630 7064

Analyst questions should be directed to:
Hawthorn Advisors
seadrill@hawthornadvisors.com
+44 (0) 203 7454960

Kilde

[E24Bot]

John Fredriksens riggselskap Seadrill bytter ut styret etter amerikansk konkursprosess

John Fredriksens riggselskap Seadrill bytter ut styret etter amerikansk...

[TekBot]

Seadrill Limited Announces Contract Awards totalling $549m for the West Tellus and West Carina in Brazil

SDRL - Seadrill Limited Announces Contract Awards totalling $549m for the West
Tellus and West Carina in Brazil

…

Vis børsmeldingen

Hamilton, Bermuda, November 26, 2021 - Seadrill Limited (“Seadrill” or “the
Company”) (OSE:SDRL, OTCPK:SDRLF) announces today that it has secured two
contracts with Petroleo Brasileiro S.A. (“Petrobras”) for the West Carina and
West Tellus rigs for work on the Búzios field offshore Brazil. Both contracts
have been signed on a 3-year fixed-term basis, with expected commencement in
September 2022. Total contract value for the two contracts is approximately
$549m (inclusive of mobilization revenue and additional services).

Seadrill’s Chief Executive Officer, Stuart Jackson, commented: “We are delighted
to continue our long association with Petrobras with the award of two 3-year
firm contracts for the West Carina and West Tellus on the Búzios field. Brazil
is a strategically important market for the offshore sector and I am pleased
that Seadrill will continue to play an increasingly significant role in the
coming years.”

About Seadrill

Seadrill is a leading offshore drilling contractor utilizing advanced technology
to unlock oil and gas resources for clients across harsh and benign locations
across the globe. Seadrill’s high quality, technologically advanced fleet spans
all asset classes allowing its experienced crews to conduct its operations from
shallow to ultra-deep-water environments. The Company owns and/or operates 36
rigs, which includes drillships, jack-ups and semi-submersibles.

Seadrill is listed on the Oslo Børs and OTC Pink markets. For more information,
visit https://www.seadrill.com/.

FORWARD LOOKING STATEMENTS

This news release includes forward looking statements. Such statements are
generally not historical in nature, and specifically include statements about
the Company’s plans, strategies, business prospects, changes and trends in its
business, the markets in which it operates and its restructuring efforts. These
statements are made based upon management’s current plans, expectations,
assumptions and beliefs concerning future events impacting the Company and
therefore involve a number of risks, uncertainties and assumptions that could
cause actual results to differ materially from those expressed or implied in the
forward-looking statements, which speak only as of the date of this news
release. Consequently, no forward-looking statement can be guaranteed. When
considering these forward-looking statements, you should keep in mind the risks
described from time to time in the Company’s regulatory filings and periodical
reporting. The Company undertakes no obligation to update any forward looking
statements to reflect events or circumstances after the date on which such
statement is made or to reflect the occurrence of unanticipated events. New
factors emerge from time to time, and it is not possible for the Company to
predict all of these factors. Further, the Company cannot assess the impact of
each such factor on its business or the extent to which any factor, or
combination of factors, may cause actual results to be materially different from
those contained in any forward looking statement.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Media questions should be directed to:

Sara Dunne
Director of Communications
communications@seadrill.com

• 1 281 630 7064

Analyst questions should be directed to:

Hawthorn Advisors
seadrill@hawthornadvisors.com
+44 (0) 203 7454960

Kilde

[TekBot]

SDRL - Seadrill Limited Announces Contract Awards totalling $549m for the West Tellus and West Carina in Brazil

Hamilton, Bermuda, November 26, 2021 – Seadrill Limited (“Seadrill” or “the Company”) (OSE:SDRL, OTCPK:SDRLF) announces today that it has secured two contracts with Petroleo Brasileiro S.A. (“Petrobras”) for the West Carina and West Tellus rigs for work on the Búzios field offshore Brazil. Both contracts have been signed on a 3-year fixed-term basis, with expected commencement in September 2022. Total contract value for the two contracts is approximately $549m (inclusive of mobilization revenue and additional services).

Seadrill’s Chief Executive Officer, Stuart Jackson, commented: “We are delighted to continue our long association with Petrobras with the award of two 3-year firm contracts for the West Carina and West Tellus on the Búzios field. Brazil is a strategically important market for the offshore sector and I am pleased that Seadrill will continue to play an increasingly significant role in the coming years.”
…

Vis børsmeldingen

About Seadrill

Seadrill is a leading offshore drilling contractor utilizing advanced technology to unlock oil and gas resources for clients across harsh and benign locations across the globe. Seadrill’s high quality, technologically advanced fleet spans all asset classes allowing its experienced crews to conduct its operations from shallow to ultra-deep-water environments. The Company owns and/or operates 36 rigs, which includes drillships, jack-ups and semi-submersibles.

Seadrill is listed on the Oslo Børs and OTC Pink markets. For more information, visit https://www.seadrill.com/.

FORWARD LOOKING STATEMENTS

This news release includes forward looking statements. Such statements are generally not historical in nature, and specifically include statements about the Company’s plans, strategies, business prospects, changes and trends in its business, the markets in which it operates and its restructuring efforts. These statements are made based upon management’s current plans, expectations, assumptions and beliefs concerning future events impacting the Company and therefore involve a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, which speak only as of the date of this news release. Consequently, no forward-looking statement can be guaranteed. When considering these forward-looking statements, you should keep in mind the risks described from time to time in the Company’s regulatory filings and periodical reporting. The Company undertakes no obligation to update any forward looking statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for the Company to predict all of these factors. Further, the Company cannot assess the impact of each such factor on its business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward looking statement.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Media questions should be directed to:
Sara Dunne
Director of Communications
communications@seadrill.com

• 1 281 630 7064

Analyst questions should be directed to:
Hawthorn Advisors
seadrill@hawthornadvisors.com
+44 (0) 203 7454960

Kilde

[TekBot]

Seadrill Limited (SDRL) - Third Quarter 2021 Market Update

Hamilton, Bermuda, November 29, 2021 - Seadrill Limited (“Seadrill” or “the
Company”) (OSE:SDRL, OTCPK:SDRLF), a world leader in offshore drilling provides
a market update for the third quarter of 2021.
…

Vis børsmeldingen

During the quarter, Seadrill continued to sign high-quality contracts
contributing $145m to backlog, reflecting the depth of its customer
relationships. Total backlog as of September 30, 2021 stood at $2.1bn.
Highlights during the period included:

· West Gemini - a four well contract plus options in Angola contributing $35m
in backlog. Commencement is currently targeted for 4Q21.
· West Neptune - secured a 90-day contract with Talos in the US Gulf of Mexico
contributing $26m in backlog. The contract is expected to commence in direct
continuation of the current LLOG contract.
· West Hercules - awarded a one well contract with Equinor in Canada adding
$57m in backlog. Operations are set to commence in April 2022. Additionally,
Equinor exercised another one well option in Norway for the rig under a
continuous optionality provision adding $9m in backlog.
· West Tellus - Shell exercised the options on the contract adding $18m
backlog.

Post period, Seadrill added over $0.5bn in backlog, continuing to demonstrate
its ability to execute contracts while restructuring its balance sheet.

· West Carina and West Tellus - signed two contracts with one of its
longstanding customers, Petrobras. Both rigs have been signed on 3-year fixed
term contracts for work on the Búzios field in offshore Brazil, commencing
September 2022. Total contract value is $549m.
· Sevan Louisiana - awarded a one firm well contract with Eni in US GOM. The
contract is expected to commence late December 2021 and continue until late May
2022.
· West Neptune - further activity in US GOM with LLOG exercising an option
adding $10m in backlog.

On October 26, 2021, Seadrill’s Plan of Reorganization was approved by the US
Bankruptcy Court for the Southern District of Texas. The plan raises $350m in
new financing and reduces Seadrill’s liabilities by $4.9bn to $0.7bn, while
leaving customer, trade and employee claims unaffected. Existing shareholders
will see their holding in the post emergence entity decrease to 0.25%. The
completion of the reorganization is expected in early 2022.

On November 17, 2021, Seadrill announced a new, independent, seven-member Board
of Directors who will take up their positions in the successor company upon
emergence from Chapter 11. The Board will be comprised of high-caliber
professionals who collectively bring extensive industry and leadership
experience, including Julie Johnson Robertson who will join as Chair of the
Board and Mark McCollum who will join as Chair of the Audit and Risk Committee.

Stuart Jackson, Seadrill Chief Executive Officer, commented: “The offshore
drilling industry has experienced a period of turbulence in recent times and
many companies have undertaken significant corporate changes to align to a new
market environment. While market conditions are improving, further asset
rationalization and market consolidation is needed to provide a more secure
footing for offshore drillers to grow value for their stakeholders.”

The fleet status report can be viewed at: Fleet | Seadrill Limited (OSE: SDRL – OTCQX: SDRLF)

About Seadrill

Seadrill is a leading offshore drilling contractor utilizing advanced technology
to unlock oil and gas resources for clients across harsh and benign locations
across the globe. Seadrill’s high quality, technologically advanced fleet spans
all asset classes allowing its experienced crews to conduct its operations from
shallow to ultra-deep-water environments. The company owns and/or operates 37
rigs, which includes drillships, jack-ups and semi-submersibles.

Seadrill is listed on the Oslo Børs and OTC Pink markets. For more information,
visit https://www.seadrill.com/

FORWARD LOOKING STATEMENTS

This news release includes forward looking statements. Such statements are
generally not historical in nature, and specifically include statements about
the Company’s plans, strategies, business prospects, changes and trends in its
business, the markets in which it operates and its restructuring efforts. These
statements are made based upon management’s current plans, expectations,
assumptions and beliefs concerning future events impacting the Company and
therefore involve a number of risks, uncertainties and assumptions that could
cause actual results to differ materially from those expressed or implied in the
forward-looking statements, which speak only as of the date of this news
release. Consequently, no forward-looking statement can be guaranteed. When
considering these forward-looking statements, you should keep in mind the risks
described from time to time in the Company’s regulatory filings and periodical
reporting. The Company undertakes no obligation to update any forward looking
statements to reflect events or circumstances after the date on which such
statement is made or to reflect the occurrence of unanticipated events. New
factors emerge from time to time, and it is not possible for the Company to
predict all of these factors. Further, the Company cannot assess the impact of
each such factor on its business or the extent to which any factor, or
combination of factors, may cause actual results to be materially different from
those contained in any forward looking statement.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

seadrill@hawthornadvisors.com

020 3745 4960

Kilde

[TekBot]

Seadrill New Finance Limited (the “Issuer”) Announces Seabras JV Fleet Status Report

Hamilton, Bermuda, November 30, 2021 – Seadrill Limited (“Seadrill” or “the Company”) (OSE:SDRL, OTCPK:SDRLF) and the Issuer announce the publication of a Fleet status report for the Seabras Sapura JV.

The Issuer continues to take steps to give effect to the restructuring of the Issuer and its 12.0% senior secured notes due 2025 (the “Notes”) as contemplated by the Restructuring Support Agreement entered into between the Issuer and certain of its subsidiaries and approximately 81% of holders of the Notes, dated July 2, 2021. The restructuring of the Issuer is expected to be implemented through a pre-packaged Chapter 11 process. For further details, please refer to the Previous Announcements.
…

Vis børsmeldingen

This announcement relates to the Seabras Sapura JV, a 50:50 JV of the Issuer, and has no relation to Seadrill Limited’s plan of reorganisation (the “Plan”) and therefore is not expected to impact the recoveries existing shareholders of Seadrill Limited will receive under the Plan. Consummation of the Plan is subject to a number of customary terms and conditions, including court approval, which was obtained on October 26, 2021.

About Seadrill

Seadrill is a leading offshore drilling contractor utilizing advanced technology to unlock oil and gas resources for clients across harsh and benign locations across the globe. Seadrill’s high quality, technologically advanced fleet spans all asset classes allowing its experienced crews to conduct its operations from shallow to ultra-deep-water environments. The Company operates 38 rigs, which includes drillships, jack-ups and semi-submersibles.

Seadrill is listed on the Oslo Børs and OTC Pink markets. For more information, visit https://www.seadrill.com/.

FORWARD LOOKING STATEMENTS

This news release includes forward looking statements. Such statements are generally not historical in nature, and specifically include statements about the Company’s plans, strategies, business prospects, changes and trends in its business, the markets in which it operates and its restructuring efforts. These statements are made based upon management’s current plans, expectations, assumptions and beliefs concerning future events impacting the Company and therefore involve a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, which speak only as of the date of this news release. Consequently, no forward-looking statement can be guaranteed. When considering these forward-looking statements, you should keep in mind the risks described from time to time in the Company’s regulatory filings and periodical reporting. The Company undertakes no obligation to update any forward looking statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for the Company to predict all of these factors. Further, the Company cannot assess the impact of each such factor on its business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward looking statement.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Media questions should be directed to:
Sara Dunne
Director of Communications
communications@seadrill.com

• 1 281 630 7064

Analyst questions should be directed to:
Hawthorn Advisors
seadrill@hawthornadvisors.com
+44 (0) 203 7454960

Kilde

[TekBot]

Seadrill New Finance Limited (the “Issuer”) Announces Seabras JV Fleet Status Report

Hamilton, Bermuda, November 30, 2021 - Seadrill Limited (“Seadrill” or “the
Company”) (OSE:SDRL, OTCPK:SDRLF) and the Issuer announce the publication of a
Fleet status report for the Seabras Sapura JV.
…

Vis børsmeldingen

The Issuer continues to take steps to give effect to the restructuring of the
Issuer and its 12.0% senior secured notes due 2025 (the “Notes”) as contemplated
by the Restructuring Support Agreement entered into between the Issuer and
certain of its subsidiaries and approximately 81% of holders of the Notes, dated
July 2, 2021. The restructuring of the Issuer is expected to be implemented
through a pre-packaged Chapter 11 process. For further details, please refer to
the Previous Announcements.

This announcement relates to the Seabras Sapura JV, a 50:50 JV of the Issuer,
and has no relation to Seadrill Limited’s plan of reorganisation (the “Plan”)
and therefore is not expected to impact the recoveries existing shareholders of
Seadrill Limited will receive under the Plan. Consummation of the Plan is
subject to a number of customary terms and conditions, including court approval,
which was obtained on October 26, 2021.

About Seadrill

Seadrill is a leading offshore drilling contractor utilizing advanced technology
to unlock oil and gas resources for clients across harsh and benign locations
across the globe. Seadrill’s high quality, technologically advanced fleet spans
all asset classes allowing its experienced crews to conduct its operations from
shallow to ultra-deep-water environments. The Company operates 38 rigs, which
includes drillships, jack-ups and semi-submersibles.

Seadrill is listed on the Oslo Børs and OTC Pink markets. For more information,
visit https://www.seadrill.com/.

FORWARD LOOKING STATEMENTS

This news release includes forward looking statements. Such statements are
generally not historical in nature, and specifically include statements about
the Company’s plans, strategies, business prospects, changes and trends in its
business, the markets in which it operates and its restructuring efforts. These
statements are made based upon management’s current plans, expectations,
assumptions and beliefs concerning future events impacting the Company and
therefore involve a number of risks, uncertainties and assumptions that could
cause actual results to differ materially from those expressed or implied in the
forward-looking statements, which speak only as of the date of this news
release. Consequently, no forward-looking statement can be guaranteed. When
considering these forward-looking statements, you should keep in mind the risks
described from time to time in the Company’s regulatory filings and periodical
reporting. The Company undertakes no obligation to update any forward looking
statements to reflect events or circumstances after the date on which such
statement is made or to reflect the occurrence of unanticipated events. New
factors emerge from time to time, and it is not possible for the Company to
predict all of these factors. Further, the Company cannot assess the impact of
each such factor on its business or the extent to which any factor, or
combination of factors, may cause actual results to be materially different from
those contained in any forward looking statement.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

seadrill@hawthornadvisors.com

020 3745 4960

Kilde

[TekBot]

NOTIFICATION

Hemen Holding Limited has today sold 115,000 shares in Seadrill Limited (SDRL). Following this transaction, Hemen Holding Limited and its wholly owned subsidiary Hemen Investments Limited owns 10,029,307 shares in Seadrill Limited, which represents 9.99% of the shares and votes of Seadrill Limited.
…

Vis børsmeldingen

Kilde