John Fredriksen's Seadrill is weighing a proposal by Barclays for a major investment in the drilling company amid its Chapter 11 restructuring in Texas.
The New York-listed drillship and rig owner revealed the talks as part of filings aimed at continuing toward approval of its pre-packaged bankruptcy plan next month despite the ongoing talks.
Seadrill's lawyers told the US Bankruptcy Court that a second phase of marketing efforts for investors in the company targeted 89 potential investors.
