Valaris, Aramco JV ARO Drilling secures $359m financing for newbuild jackups

Pallavi Madhiraju- October 28, 2023 0

Houston-based offshore drilling contractor, Valaris Limited (NYSE: VAL) confirmed that ARO Drilling, the company's 50/50 joint venture with oil giant Aramco, has successfully secured financing ... Read More

Valaris bags 12-well contract for VALARIS DS-7 in West Africa for $364m

Pallavi Madhiraju- August 1, 2023 0

Valaris Limited (NYSE: VAL) has announced a significant offshore contract, valued at $364 million, for the reactivation of the drillship VALARIS DS-7 for a 12-well ... Read More

Equinor terminates drilling contract awarded to VALARIS DS-11 drillship

Pallavi Madhiraju- June 5, 2022 0

Valaris Limited said that Equinor has issued a termination notice for the drilling contract awarded to the VALARIS DS-11 drillship. The US-based offshore drilling contractor ... Read More

Valaris reveals multiple contracts for jackup rigs

Pallavi Madhiraju- January 5, 2022 0

Valaris Limited, a US-based offshore drilling contractor, has bagged new bareboat charter contracts with ARO Drilling (Saudi Aramco Rowan Offshore Drilling Company) for various jackups. ... Read More

Valaris Limited wins contract for VALARIS DS-4 drillship from Petrobras

Pallavi Madhiraju- October 21, 2021 0

Valaris Limited, a Bermuda-based offshore drilling services provider, has bagged a contract for the VALARIS DS-4 drillship in Brazilian waters from Petrobras. The contract awarded ... Read More