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Read all the latest news about Pacific Drilling. ShippingWatch gives you independent, credible, critical and fair news.

Pacific Drilling exits Chapter 11

Rig company Pacific Drilling has now left Chapter 11 in the US following a successful restructuring of the company and appointment of a new CEO.

Pacific Drilling settles restructuring plan

Offshore drilling company Pacific Drilling, which filed for bankruptcy protection in the US last year, has now secured approval for its rescue plan, and it soon expects to exit bankruptcy protection.

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