Valaris (VAL) Announces Floater Contract Award

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Valaris Announces Floater Contract Award

July 12, 2021 8:30 AM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Valaris Limited (NYSE: VAL) announced today that it has been awarded a 16-well contract with Woodside offshore Australia for semisubmersible, VALARIS DPS-1. The contract is expected to commence late in the first quarter or early in the second quarter of 2022 with an estimated duration of 300 days.

About Valaris Limited

Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups,... More