Valaris receives multiple contract awards

Source: press release, 4 January 2022

photo: Valaris Limited
photo: Valaris Limited

Valaris Limited has announced that it has been awarded the following new contracts:

  • One-well contract with Kosmos Energy in the US Gulf of Mexico for semisubmersible VALARIS DPS-5. The contract is expected to commence in February 2022 with an estimated duration of 105 days.
  • One-well contract with Western Gas offshore Australia for semisubmersible VALARIS MS-1. The contract is expected to commence in the first quarter 2022 with an estimated duration of 25 days.
  • Six-well plug and abandonment contract with Centrica Storage in the UK North Sea for VALARIS Norway, a heavy duty ultra-harsh environment jackup. The contract is expected to commence in the third quarter 2022 with an estimated duration of 100 days.
  • One-well contract with an undisclosed operator in the US Gulf of Mexico for VALARIS 144, a standard-duty modern jackup. The contract is expected to commence in the first quarter 2022 with a minimum duration of 68 days.