When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
RIG - Dolphin Drilling Shares New Restructuring Details
Transocean Ltd
Dolphin Drilling (OTCPK:FOEAY), which was previously named Fred Olsen Energy, has just published an update on the restructuring process which contains interesting news both for shareholders and the industry in general. As I have previously written, Dolphin started preparations for restructuring back in 2018 but failure to sell drillship Bolette Dolphin jeopardized the plan and brought the company back to the initial position. Now the new plan has been crafted and made public. Here are the details:
Drillship Bolette Dolphin will be sold. The proceeds from the sale will be used to repay