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Dolphin to be liquidated? Ex-Songa CEO to head NeWco The drilling unit Bolette Dolphin will be sold to refocus the Group's drilling business on its mid-water fleet. Pareto Offshore AS and ABG Sundal Collier ASA are appointed as the Company's brokers in the sale process. The proceeds from such sale will be used to repay the Company's debt to the secured lenders. Dolphin Drilling has hailed its “rebirth” after going debt-free and picking Aberdeen as its international headquarters.

Dolphin DrillingRobert Gordon University. Aberdeen, United Kingdom500+ connections SVP Marketing. Greater Stavanger Region. 26 Jun 2019 Dolphin Drilling has completed its financial restructuring after receiving the backing of investment firm Strategic Value Partners (SVPGlobal).

Dolphin Drilling is a leading harsh environment drilling contractor for the offshore oil and gas industry. We add value by partnering with you to Dolphin Drilling Home Page, Aberdeen.

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Olsen Energy, has filed for bankruptcy in a plan that will shed about $700 million in debt and transfer control to its 2019-06-26 Dolphin Drilling is a leading harsh environment drilling contractor for the offshore oil and gas industry with three ready-to-drill moored semi-submersible platforms. Dolphin Drilling is one of the North Sea's longest established drilling contractors, tracing its roots back to the 1960s.

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Dolphin Drilling is a leading harsh environment drilling contractor for the offshore oil and gas industry. Press Release: SVPGlobal Reaches Agreement with Majority Lenders on Dolphin Drilling. Greenwich, CT, April 12, 2019 – Investment funds managed by Strategic Value Partners, LLC or its affiliates (“SVPGlobal”), have successfully reached an agreement with lenders under Dolphin Drilling ASA’s USD 2,000 million secured credit facility holding more than 78% of the principal amount Dolphin Drilling is one of the North Sea's longest established drilling contractors, tracing its roots back to the 1960s. Paul Marchand is a non-executive Director at Dolphin Drilling. He joined SVP Global as a Managing Director focusing on portfolio operations in February 2020.

Prior to SVP, Paul spent 11 years at Bain Capital where he was a senior professional in the Portfolio / Operations Group. Following completion of the Drilling Recapitalisation, the key assets of Dolphin Drilling will be the 1.5% shareholding in NewCo, and the assets related to the Harland Wolff shipyard. Dolphin Drilling will have an option to sell its shareholding in NewCo to SVP Global for $2 million.
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Stock analysis for Dolphin Drilling ASA (DDASA) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Norwegian oil and gas rig operator Dolphin Drilling filed for bankruptcy on Wednesday, leading creditors to seize its key assets in a restructuring that will see the company maintain operations. Reference is made to previous market communication with regards to the refinancing efforts of Dolphin Drilling ASA (the 'Company') and its subsidiaries (together the 'Group'). Lenders under the Company's USD 2,000 million secured credit facility holding more than 78% of the principal amount outstanding under such facility (the 'Majority Lenders') have entered into an agreement for the Dolphin Drilling Home Page, Aberdeen. 30 likes.

Dolphin Energy's senior management team has a centralized structure incorporating the company's activities across both SVP Technical Services - Upstream.
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SVP , its new owner, is one of Wall Street’s The firm said SVP Global, along with fellow lenders including Danske Bank, DNB, SEB and Swedbank, have enforced on Dolphin Drilling’s debt and have taken ownership of the company. Paul Marchand is a non-executive Director at Dolphin Drilling.He joined SVP Global as a Managing Director focusing on portfolio operations in February 2020. Prior to SVP, Paul spent 11 years at Bain Capital where he was a senior professional in the Portfolio / Operations Group. Following completion of the Drilling Recapitalisation, the key assets of Dolphin Drilling will be the 1.5% shareholding in NewCo, and the assets related to the Harland Wolff shipyard. Dolphin Drilling will have an option to sell its shareholding in NewCo to SVP Global for $2 million.

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The proceeds from such sale will be used to repay the Company's debt to the secured lenders. Dolphin Drilling has hailed its “rebirth” after going debt-free and picking Aberdeen as its international headquarters.

Dolphin Drilling Home Page, Aberdeen. 30 likes. Dolphin Drilling is a leading harsh environment drilling contractor for the offshore oil and gas industry. We add value by partnering with you to Stock analysis for Dolphin Drilling ASA (DDASA) including stock price, stock chart, company news, key statistics, fundamentals and company profile.