While trying to restructure its debt, offshore drilling contractor Seadrill has managed to agree on the suspension of payments with creditors related to leasing arrangements
Category: Legal
Bankruptcy court approves Noble’s reorganization plan
Offshore drilling contractor Noble Holding Corporation has received approval from a bankruptcy court for its reorganization plan. Noble Corp. filed for Chapter 11 bankruptcy protection to
Seadrill boosts backlog with new deals but plans for recycling spree
Offshore drilling contractor Seadrill has added approximately $52 million to its backlog following the end of the third quarter of 2020. Seadrill is also looking
Ibama launches standard term of reference for offshore wind energy complexes
The Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) launched the Standard Term of Reference (TR) for Offshore Wind Energy Complexes. This TR
Chevron looks to Biden to preserve its Venezuela foothold
(Bloomberg) –Chevron’s willingness to keep a foothold in oil-rich Venezuela will now be a thorny political issue for President-elect Joe Biden to sort out. The
UK Fraud Office Secures Assets Linked to Brazilian Bribery Scandal
The UK Serious Fraud Office (SFO) said on Thursday it had secured just under 1.2 million pounds ($1.6 million) from a Brazilian national implicated in
