In a landmark move shaking up the offshore drilling sector, Transocean Ltd. (NYSE: RIG) has announced its acquisition of Valaris Limited (NYSE: VAL) in an all-stock transaction valued at approximately $5.8 billion. This deal, unveiled […]
Australia’s offshore safety regulator NOPSEMA has ordered driller Valaris to stop drilling at the Barossa gas field 300 km north of Darwin over concerns regarding crucial safety equipment. Valaris’ 2011-built MS-1 semisub drilling rig was […]
New York-listed offshore driller Valaris has been awarded a five-well contract offshore West Africa for one of its drillships. The contract, awarded to the 2014-built Valaris DS-15 drillship by an undisclosed client, is expected to […]
New York-listed offshore driller Valaris has won several deals and contract extensions for its jackup rig fleet and revealed its plans to rid itself of four rigs. The company won a 600-day priced contract extension […]
Home Fossil Energy Valaris builds on ‘contracting success’ from 2022 with new floater and jack-up deals in 2023 Valaris has revealed a robust performance during 4Q 2022 while kicking off 2023 with new contracts and […]
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