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    Home > Chemicals Industry > International Chemical > Issue 9/2020 - Another oil-related company in the United States files for bankruptcy protection

    Issue 9/2020 - Another oil-related company in the United States files for bankruptcy protection

    • Last Update: 2022-11-11
    • Source: Internet
    • Author: User
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    Another oil-related enterprise
    in the United States filed for bankruptcy protection After Whiting Petroleum, there have been another cases of
    oil companies filing for bankruptcy protection
    in the United States.
    On April 26, local time, Diamond Offshore Drilling Company of the United States officially submitted a bankruptcy protection application, which is a company mainly engaged in offshore drilling contracting business and has a large number of businesses
    in the Gulf of Mexico.
    According to relevant documents, the company had total revenue of US$981 million (about 6.
    94 billion yuan) last year and about 2,500 employees
    .

    The Houston-based driller said demand for its services has "deteriorated sharply" this year with a "price war"
    between OPEC and Russia and a sharp drop in oil demand triggered by the coronavirus pandemic.




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