Dolphin Drilling

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    Dolphin Drilling Files Fop Bankruptcy Until Firm Looks for Alternative

    Dolphin Drilling Files Fop Bankruptcy Until Firm Looks for Alternative

    “As repeatedly communicated to the market, the Firm is insolvent and working at a loss,” Dolphin Drilling ASA, formerly referred to as Fred Olsen Energy, stated in a press release on Monday evening. As reported in April, the vast majority of lenders under the corporate’s $2 billion secured credit facility entered into a settlement for the restructuring and recapitalization of…

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