Valaris


COMPANY OVERVIEW

About Valaris

Valaris has a rig fleet of ultradeepwater drillships, semisubmersibles and shallow-water jackups.

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Articles & News

Courtesy Valaris Limited LinkedIn
VALARIS DS-17 drillship
Rigs

Valaris details latest drilling contract awards

July 30, 2024
Valaris has netted new contracts and extensions to existing deals with a combined value of about $715 million, the company said in its latest fleet status report.
Courtesy Valaris Limited LinkedIn
VALARIS DS-17
Rigs

Valaris secures rig contracts for Equinor's Raia and Shell's Selene projects

July 23, 2024
Equinor has awarded Valaris a multi-year contract for the drillship VALARIS DS-17 to work on the Raia development offshore Brazil.
Courtesy Valaris Limited LinkedIn
Rigs

Exxon Mobil, Equinor exercise Valaris drillship options

May 1, 2024
Valaris has secured new drilling contracts and extensions to existing contracts with a total value of about $480 million.
Courtesy Valaris LinkedIn
Drilling & Completion

Valaris adds over $1 billion to drilling contracts backlog

Jan. 10, 2024
Valaris has won new contracts and term extensions for its global drilling fleet with a combined value of about $1.14 billion.
Courtesy Valaris
Vessels

Valaris secures drillship contract with Petrobras for offshore Buzios project

Jan. 2, 2024
Valaris has been awarded a 1,064-day contract for drillship VALARIS DS-4 offshore Brazil.
Courtesy Valaris
Vessels

Valaris takes up options for two newbuild drillships

Dec. 22, 2023
Valaris has taken delivery of the newbuild drillships VALARIS DS-13 and VALARIS DS-14 for a combined purchase price of about $337 million.
Painting by Sneha Prateek; Courtesy Valaris Ltd. LinkedIn
VALARIS DS-17
Vessels

Valaris drillship reenters service offshore Brazil

Nov. 7, 2023
Valaris reactivated the previously stacked drillship VALARIS DS-17 for a new long-term contract that started recently offshore Brazil.
Courtesy Valaris
Valaris Semisub
Drilling & Completion

Valaris negotiates drilling contracts, extensions for multiple floaters, jackups

Nov. 3, 2023
Valaris has issued details of new offshore drilling contract awards and extensions in its latest fleet status report.
Courtesy Valaris "FY24 First Quarter Activities Report"
Valaris 107
Rigs

Valaris rig preparing to spud Kupe gas well offshore New Zealand

Oct. 25, 2023
The Valaris 107 jackup has mobilized alongside the Kupe Field wellhead platform in the Taranaki Basin.
Courtesy Valaris
The drillship VALARIS DS-15 is due to start an 80-day, one-well contract for BP offshore Brazil late in 1Q or early 2Q 2024.
Rigs

Valaris awarded work for two rigs offshore Brazil, Indonesia

Sept. 12, 2023
Valaris Ltd has won new drilling contracts and contract extensions from BP and TotalEnergies.

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Photo 109140249 © Nikkytok | Dreamstime.com
Drillship At Night Dreamstime M 109140249
Vessels

Valaris wins $364-million contract off West Africa

July 31, 2023
VALARIS DS-7 will be reactivated for 12-well campaign.
Courtesy Valaris
Valaris 107's capabilities include high-specification and HP/HT.
Rigs

Valaris rig heading to Kupe drilling location offshore New Zealand

July 26, 2023
A Valaris jackup should mobilize shortly to the location for the new Kupe South 9 development well in the Taranaki Basin offshore New Zealand, Beach Energy revealed in its latest...
Photo 75631927 © Witoon Muenhong | Dreamstime.com
Offshore Rig
Drilling & Completion

Valaris nets GoM, Australia drilling contracts

July 6, 2023
Valaris has negotiated new contracts and contract extensions with a combined value of about $150 million.
Courtesy Valaris LinkedIn
Valaris115 Rig
Vessels

Valaris rig in transit to Brunei for operations

April 5, 2023
The VALARIS 115 rig is heading to Brunei to begin operations for Brunei Shell Petroleum.
Courtesy Valaris
VALARIS DS-12
Vessels

Valaris inks three offshore drilling contracts

March 6, 2023
Valaris Ltd. has secured two drillship contracts and one contract for an offshore jackup.
Courtesy Valaris LinkedIn
The VALARIS DS-9 team successfully completed the second well for ExxonMobil in Angola a month ago and said it is ready to start its third well in the campaign on Block 15 offshore Angola.
Drilling & Completion

Valaris secures $275M in offshore drilling contracts

Dec. 16, 2022
Valaris Ltd. has announced new contracts and contract extensions, with expected associated contract backlog of about $275 million.
Courtesy Valaris
The seventh-generation 12,000-ft drillship Valaris DS-12.
Vessels

Valaris wins four-well contract from bp offshore Egypt

Nov. 23, 2022
The Valaris DS-12 is expected to begin work in 3Q or 4Q 2023.
Courtesy Valaris Ltd.
Ensco 92 Cropped
Drilling & Completion

Valaris secures $40M from ARO Drilling

Sept. 6, 2022
Valaris Ltd. has received a payment of $40 million from its joint venture ARO Drilling, representing a partial early repayment of its shareholder notes receivable.