Vantage Drilling Co. lays off 135 workers in the Gulf of Mexico
A subsidiary of embattled offshore drilling contractor Vantage Drilling Company is laying off 135 employees at a site in the Gulf of Mexico, with the first round of terminations already under way, the...
View ArticleVantage Drilling announces restructuring plan, files for Chapter 11 protection
Vantage said it had reached restructuring agreement with lenders and creditors who hold more than $1.6 billion of its subsidiary the Offshore Group Investment Limited's debt.
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