Offshore staff
LONDON — Valaris has secured new drilling contracts and extensions to existing contracts with a total value of about $480 million. The latest haul increases the company’s total backlog to about $4 billion.
Exxon Mobil has taken up a six-month priced option for the drillship VALARIS DS-9 starting next January, in direct continuation of the existing program.
Offshore Brazil, Equinor has exercised a 60-day option for another drillship, VALARIS DS-17, which is likely to take effect this month at a day rate of close to $497,000, with managed pressure drilling and other services.
Valaris’s latest jackup awards include a 13-well contract offshore Angola for VALARIS 144, likely starting in second-quarter 2025 with an estimated duration of 730 to 770 days and a potential value of up to $156 million (inclusive of mobilization fee from the US Gulf of Mexico).
In the UK North Sea, TotalEnergies has booked the heavy-duty harsh environment jackup VALARIS Stavanger for a further 30 days’ work, increasing the total contract value by about $4 million.
In the Gulf of Mexico, Valaris has clinched three-year contract extensions with bp for the managed rigs Mad Dog and Thunder Horse with an estimated total value of $259 million.
05.01.2024
