August 18, 2022

Ocean Rig UDW files for bankruptcy protection

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By Patrick Fitzgerald From Market Watch Offshore drilling contractor Ocean Rig UDW Inc. filed for bankruptcy protection in the U.S. to block distressed debt investors from interfering with a debt restructuring that will slash $3.7 billion in debt from its books. The Cayman Islands holding company filed Monday night for protection under chapter 15, the […]