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  • Eyeing upswing, more U.S. oilfield service firms restructure

Eyeing upswing, more U.S. oilfield service firms restructure

After two years of hunkering down, struggling U.S. oilfield service providers are preparing for an expected oil price recovery in an unexpected way: filing for bankruptcy.
Estelle de Bruyn
Companies that drill wells, haul water and provide other services to energy exploration firms have been waiting out a slump in oil prices by idling machinery, laying off workers an
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Republikein 2025-11-03

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