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Drilling contracts for Valaris

Bermudian-based offshore drilling company Valaris Limited has been awarded four contracts for work in the Gulf of Mexico, offshore Australia and the North Sea.

A one-well contract with Kosmos Energy in the US Gulf of Mexico for semi-submersible Valaris DPS-5 is expected to commence next month with an estimated duration of 105 days.

A one-well contract with Western Gas offshore Australia for semi-submersible Valaris MS-1 is expected to begin in the first quarter this year with an estimated duration of 25 days.

A six-well plug and abandonment contract with Centrica Storage in the UK North Sea for Valaris Norway, a heavy duty ultra-harsh-environment jack-up, is expected to commence in the third quarter this year with an estimated duration of 100 days.

A one-well contract with an undisclosed operator in the US Gulf of Mexico for Valaris 144, a standard-duty modern jack-up, is expected to begin in the first quarter this year with a minimum duration of 68 days.

Valaris, a Bermuda exempted company, operates a high-quality rig fleet of ultra-deepwater drillships, versatile semi-submersibles and modern shallow-water jack-ups, and has experience operating in nearly every major offshore basin.

Valaris Ltd: awarded four contracts for work in the Gulf of Mexico, offshore Australia, and the North Sea (File photograph)
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Published January 05, 2022 at 3:11 pm (Updated January 05, 2022 at 7:07 pm)

Drilling contracts for Valaris

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