838 results
A list of search results
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Business & Finance, Business developments & projects
Offshore drilling contractor Pacific Drilling has completed its balance-sheet restructuring and has emerged from the Chapter 11 process.
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Business & Finance, Business developments & projects
Pacific Drilling expects to emerge from Chapter 11 bankruptcy by year-end following the confirmation of its prearranged plan of reorganization.
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Business & Finance, Business developments & projects
Offshore drilling contractor Noble Holding Corporation has received approval from a bankruptcy court for its reorganization plan.
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Authorities & Government, Business & Finance, Business developments & projects
Noble Corporation is preparing to emerge from Chapter 11 bankruptcy with a temporary name change to allow continued use of its name upon emergence.
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Business & Finance, Business developments & projects, Vessels
Hornbeck Offshore has emerged from bankruptcy under its joint prepackaged Chapter 11 plan of reorganization.
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Business & Finance, Business developments & projects
Valaris, offshore drilling contractor with the world’s largest fleet, has filed for bankruptcy protection in an attempt to restructure its debt.
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Business & Finance, Business developments & projects
Offshore drilling contractor Noble Corporation has filed for Chapter 11 bankruptcy protection to restructure its debt following a “severe downturn in commodity prices which has been compounded by the Covid-19 pandemic”.
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Management of the Norwegian shipbuilder Kleven Verft AS, and its two subsidiaries Kleven Maritime Contracting AS and Kleven Maritime Technology AS, filed for bankruptcy last Friday. The initiation of bankruptcy proceedings comes after local banks decided to terminate a loan agreement, it has been confirmed to Offshore Energy – Green Marine by a representative of […]
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Business & Finance, Business developments & projects
U.S. engineering and construction services company McDermott International has completed its restructuring process by shedding nearly all of the company’s $4.6 billion of funded debt.
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Business & Finance, Business developments & projects, Vessels
Hornbeck Offshore expects to emerge from bankruptcy in the coming few months following approval of its reorganization plan by a U.S. court.
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Oslo-listed feeder owner and operator MPC Container Ships is looking to amend the terms of its $200 million bond issue and collect fresh cash in order to mitigate the negative impact from COVID-19 on the company’s liquidity. To that end, MPC Container Ships Invest B.V., the company’s wholly-owned subsidiary, has requested Nordic Trustee AS as […]
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Business & Finance, Business developments & projects
Following its filing for Chapter 11 bankruptcy protection, Diamond Offshore Drilling has received a delisting notice from the New York Stock Exchange (NYSE).
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Singapore’s container shipping company Pacific International Lines (PIL) has issued a statement to quash the bankruptcy rumours circulating on social media dubbing them as fake news. “PIL reserves the right to pursue legal actions against those who generate and spread these defamatory rumours during this COVID-19 pandemic period and related false information after this statement,” the […]
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A Japanese cruise operator has been forced to file for bankruptcy due to the coronavirus outbreak.
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Energy industry contractor McDermott International has filed for Chapter 11 bankruptcy as it looks to eliminate over $4.6 billion of debt.
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McDermott said it has secured the support of more than two-thirds of all its funded debt creditors for a restructuring transaction that will equitize nearly all the company’s funded debt, eliminating over $4.6 billion of debt. The restructuring transaction will be implemented through a prepackaged Chapter 11 process that will be financed by a debtor-in-possession […]
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McDermott’s restructuring transaction will be implemented through a prepackaged Chapter 11 process that will be financed by a debtor-in-possession financing facility of $2.81 billion.
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U.S. engineering and construction services company McDermott International could be filing for bankruptcy over the course of this week.
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McDermott International could be filing for bankruptcy over the course of next week.
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Seabras 1 Bermuda and Seabras 1 USA filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code. The Filings were made to ensure an orderly process to effectuate a new restructuring plan for Seabras 1 Bermuda, while ensuring that the company’s customers will continue to be served as usual. Seabras 1 […]
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Kinder Morgan Tejas Pipeline, a subsidiary of U.S. energy company Kinder Morgan, been approved as the buyer of certain natural gas pipeline assets owned by Southcross Energy.
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Offshore helicopter operator Bristow Group has emerged from Chapter 11 bankruptcy protection.
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Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology
Tocardo Tidal Power has been declared bankrupt by the court. M.A. Le Belle of Rensen Lawyers has been appointed as liquidator and in the coming weeks, he will talk to potential buyers. In recent months, Tocardo has sought to acquire new projects in the Netherlands and in the United Kingdom. Zeeland Tidal Power was initiated […]
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Business & Finance, Exploration & Production
Offshore drilling company Dolphin Drilling ASA has filed for bankruptcy after failure of creditors to agree on the terms for a consensual restructuring.
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Business & Finance, Exploration & Production
Norwegian offshore drilling contractor Dolphin Drilling ASA might file for bankruptcy.
