Seadrill loses equity holding in Seadrill Partners with new rescue plan
Offshore company Seadrill Partners plans to convert debt into equity as part of its restructuring. As a result, however, parent company Seadrill is pushed out and loses its equity holding, writes Finansavisen.
BY IDHA TOFT VALEUR, ShippingWatch
Read this article for free
Register with your E-mail. No credit card required.
Akastor, part of Kjell Inge Røkke's Aker group, joins US-based Baker Hughes in establishing a joint venture to deliver global drilling solutions. Activities will be managed from both Norway and the US.
Danish utility and energy groups' plans to collaborate on transport and storage of CO2 will make the total expenses tied to carbon capture far lower, according to Rambøll's head of waste-to-energy, the idea-maker behind the new C4 cluster.