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Home > Platts Newsletter Article Archive > Platts Oilgram News > Northern Offshore set to liquidate without debt deal

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Northern Offshore set to liquidate without debt deal
Publication Date: 01-JUL-04
Publication: Platts Oilgram News
Format:XML
Price: $4.95


Description
London—Troubled Norwegian drillship and floating production operator Northern Offshore is preparing to liquidate after bondholders balked at a debt restructuring, Northern said June 30. The company's 105-mil


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