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Valaris secures multi-year contract for drillships in U.S. Gulf – Oil & Gas 360

Summary by Oil & Gas 360
(World Oil)– Valaris Limited has been awarded a 940-day contract extension for drillship VALARIS DS-16, starting in June 2026, and a new 914-day contract for drillship VALARIS DS-18, the company announced Monday. The contract is expected to start in mid-fourth quarter 2026, with Anadarko Petroleum Corporation, a wholly-owned subsidiary of Occidental, in the Gulf of America/Gulf of Mexico. The combined addition to contracted revenue backlog is app
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Oil & Gas 360 broke the news in Denver, United States on Tuesday, July 8, 2025.
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