Seadrill wins new contracts ahead of bankruptcy close-out
Offshore driller Seadrill has confirmed a series of contract wins in recent months, buoying prospects as it approaches the end of its bankruptcy proceedings.
Chapter 11 bankruptcy
Seadrill draws competing rig offers from Noble and Transocean consortium as it undergoes Chapter 11 bankruptcy
Noble Corporation and a consortium including Transocean and Dolphin Drilling are competing to acquire the assets held by Seadrill, according to a news report, as it undergoes Chapter 11 bankruptcy.
Borr Drilling appoints CFO who was replaced amid Weatherford bankruptcy
Borr Drilling has appointed a new CFO who was replaced by Weatherford last year as the oil services giant underwent bankruptcy.
Valaris, world’s largest offshore driller, files for Chapter 11 bankruptcy
Valaris, the world’s largest offshore drilling firm, has filed for Chapter 11 bankruptcy with a plan it said would reduce its debt by $6.5billion.
Chesapeake’s collapse is latest in long line of shale disasters
The shale bust has reached a grim milestone by claiming the pioneer of America’s drilling renaissance. But Chesapeake Energy Corp., which filed for bankruptcy protection on Sunday, is just the latest in a long list of casualties.
Bristow to merge with rival helicopter firm Era following Chapter 11 bankruptcy
Helicopter operator Bristow has announced plans to merge with US rival Era, three months after emerging from Chapter 11 bankruptcy.
Bristow to re-emerge from Chapter 11 bankruptcy this month
Beleaguered helicopter operator Bristow has gained approval for a restructuring deal which will inject £444million into the company and pull it out of bankruptcy.
Tidewater files for chapter 11 bankruptcy
US based offshore service vessel provider Tidewater has filed a voluntary petition under Chapter 11 bankruptcy protection in the United States Bankruptcy Court.
Swift files for Chapter 11 to become latest US shale victim
The collapse in the oil price claimed its latest shale drilling victim when Swift Energy filed for Chapter 11 bankruptcy in the United States.