Rig contractor Valaris files for Chapter 11

Oilfield services player aims to wipe debt from balance sheet through restructuring

View from the top: the Valaris JU-248 ( formerly Rowan Gorilla VI) — View from the top: the Valaris JU-248 ( formerly Rowan Gorilla VI)Photo: VALARIS

Caroline Evans

Houston

Diamond Offshore Schlumberger Valaris

Published 19 August 2020, 20:07Updated 21 August 2020, 07:42