Troubled Weatherford files for Chapter 11

Oilfield services player hopes to wipe $8.35 billion debt off the balance sheet

Restructure: Weatherford chief executive Mark McCollum — Restructure: Weatherford chief executive Mark McCollumPhoto: LUKE JOHNSON

Caroline Evans

Houston

USA Weatherford International Americas North America

Published 3 July 2019, 18:08Updated 3 July 2019, 18:08