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  • Valaris - Boldly First

    1 天前 · About Valaris Limited Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. Operating a high-quality rig fleet of ultra-deepwater...

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  • Valaris Announces Floater Contract Award - 12.07.2021

    2021-6-3 · Valaris Completes Debt Restructuring. Emerges from Bankruptcy. May 03, 2021. Offshore drilling contractor Valaris, which had filed for bankruptcy in August 2020, said Monday it had on April 30, 2021, successfully completed its financial restructuring and emerged from chapter 11.The Valaris Group's Plan of Reorganization….

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  • Valaris News - OEDigital.com

    2021-7-7 · Valaris was 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.

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  • Aramco extends Valaris jackup through the end of

    2021-6-8 · Valaris Limited (NYSE: VAL) announced today that it has been awarded a three-year contract with Chevron in the U.S. Gulf of Mexico for drillship, VALARIS DS-18 (Relentless). The contract is expected to commence in the first quarter of 2022 in direct continuation of the current contract. About Valaris Limited Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services ...

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  • Valaris - Valaris Announces Floater Contract Award

    2021-5-3 · The VALARIS DS-12 is of the company's 11 drillships. (Courtesy Valaris) In addition, Valaris has issued an update on its offshore drilling rig fleet. Total has awarded the VALARIS DS-15 (Renaissance) a 400-day contract offshore Brazil. The contract is …

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  • Valaris emerges from bankruptcy | Offshore

    2021-6-8 · Valaris has been awarded a three-year contract with Chevron in the US Gulf of Mexico for the Valaris DS-18 (Relentless) drillship. The contract is expected to commence in Q1 2022 in direct continuation of the current contract. The Valaris DS-18 is currently working for Chevron in the Gulf under a 320-day extension that began in March 2021.

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  • Valaris awarded three-year floater contract from

    2021-5-4 · In addition, Valaris continues to own a 50% stake in ARO Drilling, a joint venture with Saudi Aramco which recently secured 25 rig years of additional work for its jackup fleet thus increasing ...

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  • Valaris (VAL) - Leading Offshore Driller Emerges From ...

    2021-5-10 · Valaris has been awarded a contract extension of approximately 240 days with Mubadala Petroleum Thailand for the heavy-duty jackup VALARIS JU-115. The extension is anticipated to begin in Q1 2022 and, as a result, the VALARIS JU-115 is now expected to …

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  • Valaris Announces Floater Contract Award -

    1 天前 · Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. Operating a high-quality rig fleet of ultra-deepwater drillships ...

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  • Drilling contractor Valaris files for bankruptcy -

    2020-8-20 · Drilling contractor Valaris files for bankruptcy. Valaris, the world’s largest offshore drilling contractor by fleet size, filed for bankruptcy on Wednesday, in a move to restructure its debt load and reduce debt by more than 6.5 billion. The company has been hit by the combined effects of the global COVID-19 pandemic, a drop in oil prices ...

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  • Valaris Announces Jackup Contract Award -

    2021-7-8 · 07.07.2021 - Valaris Limited (NYSE: VAL) announced today that it has been awarded a 183-day extension to its contract with Aramco for VALARIS JU-140, a …

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  • Valaris announces agreement to ... - Drilling

    2021-7-9 · BP plc BP awarded a four-well contract to Valaris Limited for drilling activities in the Greater Tortue Ahmeyim cross-border development, one of the deepest offshore projects in Africa. The ...

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  • Valaris Files for Bankruptcy - Offshore Engineer

    2019-11-25 · Valaris plc (NYSE: VAL) ('Valaris' or the 'Company') announced today new contracts and contract extensions, with associated revenue backlog of approximately 285 million, awarded subsequent to a prior fleet status report dated October 25, 2019. VALARIS DS-18 (Relentless) contract extended due to the exercise of a one-well priced option with EnVen in the U.S. Gulf of Mexico, with an estimated ...

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  • BP Awards Contract to Valaris for Offshore Drilling

    2021-3-4 · The plan will enable Valaris to eliminate 7.1 billion of existing debt and provide the offshore drilling contractor with a 520 million capital injection via the issuance of a 550 million ...

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  • Offshore Driller Valaris Emerges from Chapter 11 ...

    2021-7-8 · 07.07.2021 - Valaris Limited (NYSE: VAL) announced today that it has been awarded a 183-day extension to its contract with Aramco for VALARIS JU-140, a …

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  • Valaris Posts $3B 1Q Loss. Plans Stacking and

    2020-8-21 · UK-based offshore drilling contractor Valaris has filed for bankruptcy protection in the United States, offering creditors to swap some 6.5 billion of its 7.8-billion debt pile for equity. The company is the largest offshore rig owner in the world. Valaris follows Diamond Offshore Drilling and Noble Corp in bankruptcy court as the offshore ...

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  • Valaris Announces Jackup Contract Award - 07.07.2021

    2021-2-9 · Feb. 8, 2021 5:06 pm ET. Print. Text. Bankrupt offshore drilling contractor Valaris PLC signed a proposed restructuring deal to settle a fight between unsecured bondholders and bank lenders, which ...

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  • World’s largest offshore rig owner files bankruptcy —

    2021-6-29 · ARO Drilling’s contract with Aramco has been extended for the same period. About Valaris Limited Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water ...

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  • Valaris Bankruptcy Deal Settles Fight Between Lenders

    2019-6-29 · Ensco Rowan (Valaris) – 1.7bn. The UK-based offshore drilling contractor Ensco Rowan, which announced its name change to Valaris in July 2019, earned 1.7bn in revenues in 2018, witnessing a 7.48% decrease over 2017. The company was formed through the merger of two offshore drilling companies Ensco and Rowan in April 2019.

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  • Valaris secures $285 million in revenue backlog with

    2019-11-26 · Offshore drilling contractor Valaris has been awarded new contracts and extensions for its drilling rigs with an associated revenue backlog of 285 million. One of the jack-up rigs has secured a 21-well contract with ExxonMobil in the U.S. Gulf of Mexico. The Valaris JU-87, fka Ensco 87.

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  • Ralph Coffman rig - Jackup - Valaris PLC

    Tangiers expects drilling operations to cost USD73 million in total. The TAO-1 well, will be drilled by Rowan’s ‘Ralph Coffman’ jackup rig. Tangiers has a 25% stake in the TAO well, whilst GALP has 50% and Morocco’s national oil company ONHYM has 25%, though its costs are carried through the exploration phase. 22 May 2014.

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  • Valaris Announces Jackup Contract Award

    2021-6-22 · HAMILTON, Bermuda, Jun 22, 2021--Valaris Limited (NYSE: VAL) announced today that it has been awarded a three-year contract with North Oil Company offshore Qatar for VALARIS …

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  • Valaris 142 rig - Jackup - Valaris PLC

    Commencement of Operations. ATWOOD OCEANICS, INC., (NYSE – ATW) a Houston-based International Drilling Contractor, announced that on April 21, 2009, the new-build ultra premium jack-up, ATWOOD AURORA (owned by our wholly-owned subsidiary, Atwood Oceanics Pacific Limited) commenced operations under its two-year contract with RWE Dea Nile GmbH (“RWE Dea”) offshore …

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  • Valaris Announces New Contract Awards

    11 months Offshore Drilling Contractor Valaris Files for Bankruptcy in the U.S. The Wall Street Journal . Valaris said the restructuring agreement it has struck with about half of its bondholders will help it eliminate nearly all of its liabilities. The company’s chapter 11 plan must be approved by the U.S. Bankruptcy Court in Houston. U.S.

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  • Offshore Drilling Contractor Valaris Files for

    2019-8-29 · Valaris plc VAL recently announced several new contracts and contract expansions for six of its rigs. The offshore drilling contractor expects the transactions to add 84 million to revenue backlog. Notably, the company — formerly known as EnscoRowan — had 2.4 billion in backlog at the end of second-quarter 2019.

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  • Valaris Receives Contracts for 6 Rigs, Adds $84M to

    Offshore drilling contractor Valaris PLC asked a Texas bankruptcy judge Thursday to allow it to take out 500 million in financing from a group of its bondholders over the objections of Citi..View article. Law360 Judge Approves 500M Ch. 11 Financing For Valaris A Texas bankruptcy judge on Friday approved Valaris PLC's request to take 500 ...

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  • Valaris Announces Floater Contract Award -

    1 天前 · Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. Operating a high-quality rig fleet of ultra-deepwater drillships ...

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  • Valaris celebrates three-year contract with Chevron ...

    2021-6-9 · Chevron has awarded the offshore drilling contractor Valaris a new three-year assignment for a deep-water drillship in the US Gulf of Mexico. Valaris said the three-year contract using the Valaris ...

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  • Valaris secures more jack-up work with Mubadala -

    2021-5-10 · Offshore drilling contractor Valaris has been awarded a contract extension for one of its jack-up drilling rigs by Mubadala Petroleum. Valaris said on Monday that the extension with Mubadala was for 240 days and that it would be working under Mubadala Petroleum Thailand. The rig in question is the Valaris JU-115 heavy-duty jack-up rig.

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  • Drillship 'secured' after breaking free of moorings

    2021-3-8 · DSME and Valaris Plc, the world’s largest offshore drilling contractor, on Tuesday, agreed to push back the delivery deadline for the two newly-built drillships to December 31, 2023 from ...

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  • DSME may save $1.2 billion drillship deal with

    2020-8-20 · Valaris PLC , a London-based offshore drilling contractor, filed for bankruptcy Wednesday in the U.S. with a proposed 6.5 billion debt-for-equity swap that hands over ownership of most of the ...

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  • Offshore Drilling Contractor Valaris Files for

    2021-7-9 · BP plc BP awarded a four-well contract to Valaris Limited for drilling activities in the Greater Tortue Ahmeyim cross-border development, one of the deepest offshore projects in Africa. The ...

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  • BP Awards Contract to Valaris for Offshore Drilling

    London-based offshore drilling contractor Valaris PLC filed for Chapter 11 protection in Texas bankruptcy court on Wednesday with 7.1 billion in debt, citing the energy sector's downturn and the ...

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  • London Offshore Driller Valaris Hits Ch. 11 - Law360

    2020-6-8 · A stunning jobs report and extended oil production cuts caused a major momentum rally in beaten down offshore drilling shares on Friday with Valaris recording an eye-catching 162% gain.

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