EnergyWatch

Seadrill sets up new board of directors following extensive restructuring

Restructured drilling company Seadrill has formed a new board of directors to assume leadership of the company upon exiting bankruptcy protection in the beginning of next year. The Norwegian state will become the new majority shareholder through its export credit institution.

Photo: Seadrill

Seadrill, owned by Norwegian-Cypriot shipping tycoon John Fredriksen, has set up an entirely new board of directors poised to take over once the company emerges from Chapter 11 bankruptcy protection in the beginning of 2022.

The new board will be headed by Julie Johnson Robertsen, who has been appointed as chair. She has more than 40 years of experience in the oil and energy sectors, having held a number of leading positions such as US-based Noble.

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