Business, Fuel, Logistics
World’s Largest Offshore Rig Owner Valaris Goes Bankrupt
Valaris Plc became the latest casualty of the global slump in oil prices, filing for bankruptcy Aug. 19 as the world’s largest offshore rig owner by fleet size seeks to restructure a roughly $7 billion debt load.
Allison McNeely and Christine Buurma | Bloomberg News
August 19, 2020Follow Us
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