Valaris enters strategic collaboration for offshore Suriname drilling
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Valaris Enters Strategic Collaboration Agreement
April 6, 2026 8:00 AM EDTHAMILTON, Bermuda--(BUSINESS WIRE)-- Valaris Limited (NYSE: VAL) (Valaris or the Company) today announced that its wholly owned subsidiary, Ensco UK Drilling Ltd., has entered into a Strategic Collaboration Agreement (SCA or the Agreement) with PETRONAS Suriname Exploration & Production BV (PETRONAS Suriname) and Halliburton to support the development of PETRONAS Surinames offshore assets.
The SCA brings together Valaris offshore drilling expertise and high-specification global fleet, PETRONAS Surinames project stewardship and basin knowledge, and Halliburtons subsurface, well construction and digital solutions. The Agreement establishes a collaborative framework across the project lifecycle, including early-stage planning, technical... More
