Contract Awards and Extensions for Valaris

Contract awards and extensions for Valaris

Valaris Ltd, the Bermuda exempt company, has been awarded new contracts and contract extensions, with an associated contract backlog of some $220 million, subsequent to issuing the company’s previous ...

Valaris announces contract awards

Valaris has secured US$220 million in contract awards and extensions, covering drilling in Suriname, jackup operations in Australia, and plug and abandonment work in the North Sea.

Valaris secures $220 million in new drilling and P&A contracts across Suriname, Australia and North Sea

Valaris has secured new contract awards and extensions, including an exploration drilling campaign offshore Suriname, a major P&A program in the southern North Sea and additional jackup work in Australia and the UK sector.

Valaris lands drillship and jackup work across three continents

Valaris secured a two-well exploration contract with PETRONAS Suriname Exploration & Production for the drillship VALARIS DS-18. The contract, which follows a previously announced letter of award, is set to start in the fourth quarter of 2026 and run for up to seven months. Offshore Australia, the jackup VALARIS 107 won a contract of about …

Valaris adds $220m of new contracts and extensions

Offshore driller Valaris has secured a batch of new contracts and extensions, with an associated contract backlog of approximately $220m. The company won a contract with Petronas for the Valaris DS-18 drillship in Suriname. The contract, following a previously announced letter of award, is expected to commence in the fourth quarter of 2026 and run …