New jackup contract award for Valaris Limited

Source: press release, 29 June 2021

‘VALARIS JU-250’ (‘Bob Palmer’), a heavy-duty ultra-harsh environment jackup
‘VALARIS JU-250’ (‘Bob Palmer’), a heavy-duty ultra-harsh environment jackup (photo: Valaris Limited)

Valaris Limited – specialists in offshore drilling services across all water depths and geographies – has announced that it has been awarded a 200-day extension to its bareboat charter agreement with ARO Drilling for VALARIS JU-250 (Bob Palmer), a heavy-duty ultra-harsh environment jackup.

The extension is in direct continuation of the existing contract and, as a result, the VALARIS JU-250 is now expected to be under contract through the end of 2021. ARO Drilling’s contract with Aramco has been extended for the same period.