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Valaris Announces 16-Well Floater Contract Award; Terms Not Disclosed

Valaris Limited (NYSE:VAL) announced today that it has been awarded a 16-well contract with Woodside offshore Australia for semisubmersible, VALARIS DPS-1. The contract is expected to commence late in the first

byBill Haddad

July 12, 2021

1 minute read

Valaris Limited (NYSE:VAL) announced today that it has been awarded a 16-well contract with Woodside offshore Australia for semisubmersible, VALARIS DPS-1. The contract is expected to commence late in the first quarter or early in the second quarter of 2022 with an estimated duration of 300 days.