David Wethe and Allison McNeely

Government, Business, Fuel

Noble Corp. Files Bankruptcy to Erase $3.4 Billion of Debt

Pedestrians walk along a beach near the Noble Sam Turner jack-up drilling rig Pedestrians walk along a beach near the Noble Sam Turner jack-up drilling rig in Cromarty, U.K., on June 23, 2020. Noble says it will continue operating during the bankruptcy. (Jason Alden/Bloomberg News)

Offshore drilling contractor Noble Corp. filed for bankruptcy with a plan to cut more than $3.4 billion of debt.

July 31, 2020