Dolphin Drilling teetering close to bankruptcy

INTERNATIONAL drilling service provider Dolphin Drilling, which mainly operates in the mid and ultra-deep water segment, said in a statement on Monday it is considering filing for bankruptcy if it cannot recapitalise.

Dolphin Drilling teetering close to bankruptcy Dolphin Drilling teetering close to bankruptcy Dolphin Drilling teetering close to bankruptcy Dolphin Drilling teetering close to bankruptcy Dolphin Drilling teetering close to bankruptcy

 

The company which boasts 50 years' experience in offshore drilling, and has offices in Singapore, Brazil, the UK, Ghana and Houston, last month axed its management team, including its CEO and