COLUMN | Quick updates: BW Offshore, Cadeler, MMA Offshore, McDermott, James Fisher, Noble Drilling, Maersk Drilling, Ocean Infinity, Kris Energy and Rubicon [Offshore Accounts]

After announcing in October that it would liquidate the subsidiary that owns the FPSO Umuroa, and hand the idle vessel to the company administrators to maintain, remove ..

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-quick-updates-bw-offshore-cadeler-mma-offshore-mcdermott-james-fisher-noble-drilling-maersk-drilling-ocean-infinity-kris-energy-and-rubicon-offshore-accounts/

Diamond Offshore files for Chapter 11 bankruptcy

Ocean Confidence, a semisubmersible deepwater drill rig used in the Gulf of Mexico. Image via BOEM/Courtesy of Diamond Oil.

Diamond Offshore Drilling Inc. announced today that it has filed Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas. The Houston-based offshore driller operates a fleet of 15 floating rigs — 11 semisubmersibles and four drillships.

Diamond Offshore said it intends to use the proceedings to restructure and strengthen its balance sheet and achieve a more sustainable debt profile, while continuing to focus on safe, reliable, and efficient contract drilling...

https://www.workboat.com/news/offshore/diamond-offshore-files-for-chapter-11-bankruptcy/

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