The Bolette Dolphin buyer is removed



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– It's a good price for Fred. The partner, David Carter Shinn, told Olsen, in the editing company, in Hegnar.no, a week ago.

Then the assembly company in crisis, Fred. Olsen Energy (FOE) announced that it was negotiating with a selected buyer the sale of the $ 240 million Bolette Dolphin Drilling Rig built in 2014, or about $ 2.9 billion.

According to a message Tuesday night, however, this potential buyer has chosen to opt out of the process.

The reason must be the significant variation in oil prices and stock prices, as well as the uncertainty surrounding the restructuring and sales process.

In order for drilling equipment sales and the rest of the previously announced refinancing proposal to enter the port, the company relies on the support of its stakeholders, including the unanimous support of secured lenders.

"At the present time, FOE's restructuring proposals, as they appear in the stock market communication, are therefore not viable," the company writes.

The editing company will examine other restructuring options in dialogue with key stakeholders.

Finansavisen previously wrote that Noble and Diamond should have submitted their offers.

After the newspaper had understood, the first was the one who should have participated in the negotiations now canceled.

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