Madagascar Oil Biz Wins Court Nod For $750M Debt Overhaul
Published on: Friday 15 August 2025
A London court greenlit a restructuring plan on Friday for an ailing group of oil companies that has racked up debts of more than $750 million in an attempt to restart production at a Madagascan oilfield, which has not been producing since 2016.
News source: https://www.law360.com/articles/2377534/madagascar-oil-biz-wins-court-nod-for-750m-debt-overhaul
