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HORNBECK OFFSHORE TO ACQUIRE SIX ADDITIONAL HIGH-SPEC OFFSHORE SUPPLY VESSELS FROM AFFILIATE OF EDISON CHOUEST OFFSHORE - Vimarsana News

HORNBECK OFFSHORE TO ACQUIRE SIX ADDITIONAL HIGH-SPEC OFFSHORE SUPPLY VESSELS FROM AFFILIATE OF EDISON CHOUEST OFFSHORE

/PRNewswire/ -- Hornbeck Offshore Services, Inc. ("Hornbeck Offshore" or the "Company") announced today that it has entered into a definitive vessel purchase...

Deepwater Drilling Servicer Hits Ch. 11 With $650M Of Debt - Vimarsana News

Deepwater Drilling Servicer Hits Ch. 11 With $650M Of Debt

Deepwater drilling rig services provider Nautical Solutions LLC has filed for Chapter 11 protection in Texas bankruptcy court, saying a prolonged downturn in the industry has left it unable to service its $651 million of debt.

Source: law360.com