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Diamond Offshore Drilling, Inc. filed for bankruptcy
On April 27, Diamond Offshore Drilling, Inc., headquartered in Texas, filed for bankruptcy. Diamond Offshore Drilling Company stated that its operating conditions have deteriorated sharply in recent months. The company listed $ 5.8 billion in assets and $ 2.6 billion in debt in its bankruptcy application, of which $ 2 billion was bonds. The company's cash on hand is only about $ 434.9 million. Diamond Offshore Drilling Company has an important business in the Gulf of Mexico. At of the end of 2019, the company had about 2,500 employees, and its revenue in 2019 was slightly less than $ 1 billion. It is mainly engaged in offshore drilling business and provides contract drilling services for the energy industry. It has about 30 offshore drilling devices, such as semi-submersible drilling rigs, jack-up drilling rigs, and dynamic positioning (DP) drilling vessels. Provide services in the drilling market (ultra-deepwater, deepwater and mid-level waters). According to US media reports, some other oilfield drilling companies in the United States, including Chesapeake Energy, Danbury Resources and Callon Petroleum, have also hired debt advisers. Xi Jiarui believes, under the double pressure of low oil prices and epidemic conditions in this year, the US energy industry will usher in the harshest winter, and its oil industry chain will usher in a new round of baptism.