Pacific Drilling files Chapter 11

PACIFIC Drilling filed for Chapter 11 bankruptcy protection on Friday in Texas in the US. 

Pacific Drilling files Chapter 11 Pacific Drilling files Chapter 11 Pacific Drilling files Chapter 11 Pacific Drilling files Chapter 11 Pacific Drilling files Chapter 11
The Luxembourg-based company which has seven drillship, four of which are stacked at the moment, blamed both the COVID-19 and "the failure to reach international agreement on oil production cuts"