Offshore – Vantage Drilling to manage Oil Exploration Units for Seadrill Partners – 22.03.2021
Vantage Drilling International has entered into an agreement with Seadrill Partners which will see Vantage will provide management , operating and marketing services to Seadrill Partners. The agreement relates to drill ships WEST CAPELLA and WEST POLARIS and the semi-submersible drilling rigs (ssdr) WEST LEO and WEST SIRIUS. Seadrill Partners is currently being reorganised after filing […]
Offshore – Hornbeck Offshore files for Chapter 11 – 19.05.2020

On 19th May, 2020 Hornbeck Offshore Services Inc. (HOS) filed for bankruptcy in the Southern District of Texas, USA and will implement a pre-packaged Chapter 11 restructuring support agreement with lenders that was agreed to in April. Secured lenders hold approximately 83% of the Covington, La based offshore service vessel operator’s aggregate secured debt and unsecured […]