Valaris bags floater contract awards

Source: press release, 17 August 2021

Ultra-deepwater drillship, ‘VALARIS DS-10’
Ultra-deepwater drillship, ‘VALARIS DS-10’ (photo: Valaris Limited)

Valaris Limited has announced that it has been awarded one-well contracts with Shell Namibia Upstream B.V. and Shell Sao Tome and Principe B.V. offshore Namibia and Sao Tome and Principe, respectively, for drillship, VALARIS DS-10.

The precise timing of the first contract is to be confirmed but is expected to commence in the fourth quarter of 2021. The Sao Tome and Principe contract will follow on directly from the Namibia contract. The contracts have an estimated duration of 60 days each.

Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jack-ups, Valaris Limited provides offshore drilling services across all water depths and geographies.