WebApr 27, 2024 · Text. Diamond Offshore Drilling Inc. filed for bankruptcy protection on Sunday, as the plunge in oil prices and downturn in business activity because of the coronavirus pandemic have sapped demand ... WebApr 26, 2024 · Diamond Offshore is a leader in offshore drilling, providing innovation, thought leadership, and contract drilling services to solve complex deepwater …

Kroll Restructuring Administration

WebApr 26, 2024 · Diamond Offshore Drilling, Inc. (OTCMKTS: DOFSQ) reported Monday that it, along with its debtor affiliates, emerged from Chapter 11 bankruptcy on April 23, … WebApr 27, 2024 · HOUSTON, April 27, 2024 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) ("Diamond" or "the Company") today announced that the Company and select subsidiaries have filed voluntary ... i am bound i am bound for the promised land

Diamond Offshore Completes Financial Restructuring - PR …

WebRestructuring Information. Diamond and certain of its subsidiaries commenced chapter 11 cases on April 26, 2024. Chapter 11 is the section of the U.S. Bankruptcy Code that … WebDec 2, 2024 · Moreover, Diamond Offshore has drastically reduced its interest expense compared to the pre-bankruptcy levels. Its interest expense has decreased from $111 million in 2024 to $38 million in the ... WebJan 26, 2024 · After years of decline due to the drop in oil price and companies reducing their exploration efforts, many in the industry sought debt relief or filed for reorganizational bankruptcy. Diamond and ... i am bound in a book but you can\\u0027t read me