New awards for Valaris include a two-well Gulf of Mexico exploration program, a 41-well North Sea decommissioning campaign and jackup contracts offshore Poland and the UK.

The new awards, including contract extesions, are spread between Brazil, the North Sea and the Far East.

Valaris has extended its offshore drilling contract with Petrobras in Brazil for over three years, while also forming a partnership with Petronas Suriname and Halliburton to develop...

From multimillion‑dollar backlog wins to AI‑powered maintenance and a high‑value drillship deal, here’s what’s moving the rig market lately.

Three are extensions to long-term contracts offshore Angola and Brazil.

The merger creates a 73‑rig global fleet and more than $200 million in projected cost synergies as the companies prepare for a multi‑year offshore upcycle.

Shell and Ithaca Energy have extended the contracts of three of Valaris’ jackups currently working in the UK North Sea. Another jackup will support GE Vernova on an offshore wind...

Total contract value estimated to be $140 million.

Valaris has secured new contracts or extensions for its rig fleet with a total value of more than $1 billion since the start of May.

Valaris DS-9 drilled the Pegasus-1 exploration well for ExxonMobil and partner QatarEnergy International.