Valaris Limited announces jackup contract extension

Source: press release, 10 May 2021

‘VALARIS JU-115’, a heavy-duty modern jackup
‘VALARIS JU-115’, a heavy-duty modern jackup (photo: Valaris Limited)

Valaris Limited has announced that it has been awarded a contract extension of approximately 240 days with Mubadala Petroleum Thailand offshore Thailand for VALARIS JU-115, a heavy-duty modern jackup.

The extension is anticipated to begin in the first quarter of 2022 and, as a result, the VALARIS JU-115 is now expected to be under contract through September 2022.