Valaris announces jackup contract award

Source: press release, 7 July 2021

‘VALARIS JU-140’, a LeTourneau Super 116E jackup rig
‘VALARIS JU-140’, a LeTourneau Super 116E jackup rig (photo: Valaris Limited)

Valaris Limited – specialists in offshore drilling services across all water depths and geographies – has announced that it has been awarded a 183-day extension to its contract with Aramco for VALARIS JU-140, a standard-duty modern jackup.

The extension is in direct continuation of the existing contract and, as a result, the VALARIS JU-140 is now expected to be under contract through the end of 2021.