Full quarter of operations for drillship VALARIS DS-7 following completion of its reactivation and contract startup in the second quarter; and Three-year contract extension for jackup VALARIS 118 ...
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today new contracts and contract extensions, with associated contract backlog of $95 million, ...
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Offshore drilling company Valaris has announced contract extensions for one of its drillships and four jack-up rigs. TotalEnergies exercised an option on the DS-15 drillship, which has been operating ...
Valaris Ltd, the Bermudian-based offshore drilling services company, has reported a dramatic drop in net income quarter-on-quarter. Announcing its third quarter results, the company said net income ...
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Valaris anticipates 90% drillship utilization by end of 2026 as backlog climbs to $4.5B
Anton Dibowitz, President and CEO, opened the call by emphasizing "another strong quarter of financial results with meaningful EBITDA and free cash flow generation." He highlighted the successful ...
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Transocean announced the acquisition of Valaris on Monday. Though an all-stock deal, the exchange ratio implied a 31.6% premium to Valaris' valuation heading into the week. In addition, the two sides ...
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