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ENERGY & UTILITIES | Oil & Gas Production & Exploration
valaris.com

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Founded Year

1975

Stage

PIPE | IPO

About Valaris

Valaris is an offshore drilling contractor.

Valaris Headquarter Location

5847 San Felipe Suite 3300

Houston, Texas, 77057,

United States

+1 713 789 1400

Latest Valaris News

Valaris finds more work for its rigs

Jan 5, 2022

Valaris finds more work for its rigs January 5, 2022, by Nermina Kulovic Following new bareboat charter agreements for several of its rigs with ARO Drilling, offshore drilling contractor Valaris has now also been awarded several new contracts for its rigs for operations in the U.S. Gulf of Mexico, Australia, and the UK North Sea. As informed by Valaris on Tuesday, the first one is a one-well contract with Kosmos Energy in the U.S. Gulf of Mexico for semi-submersible Valaris DPS-5. It is expected to start in February 2022 with an estimated duration of 105 days. The rig’s latest contract was with Eni in Mexico, according to Valaris’ fleet status report from October 2021. Furthermore, a one-well contract with Western Gas offshore Australia has been awarded to the semi-submersible Valaris MS-1. The contract is expected to begin in the first quarter of 2022 with an estimated duration of 25 days. As previously reported, Western Gas executed the formal contract with Valaris for the MS-1 to drill the Sasanof-1 exploration well off Australia. The company has recently secured an acceptance of its environmental plan to manage drilling activities for the Sasanof-1 well. Related Article

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