Seadrill to survive as Chapter 11 near completion 

DEEPWATER Norwegian driller Seadrill has had its reorganisation confirmed in a Texas Bankruptcy Court.

Seadrill to survive as Chapter 11 near completion  Seadrill to survive as Chapter 11 near completion  Seadrill to survive as Chapter 11 near completion  Seadrill to survive as Chapter 11 near completion  Seadrill to survive as Chapter 11 near completion 

Seadrill is recapitalising.

The company will soon emerge from the Chapter 11 process and the company has said multiple times its plans have had the support of both shareholders and its creditors.

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