Valaris gets long-term drillship assignment in US Gulf of Mexico

Occidental subsidiary Anadarko Petroleum Corp. has contracted the VALARIS DS-16 drillship for a 914-day program in the US Gulf of Mexico.
Related To: 
July 9, 2025
Courtesy Valaris Limited LinkedIn
VALARIS DS-16 drillship
Valaris has secured a 940-day contract extension for its VALARIS DS-16 drillship.

Occidental subsidiary Anadarko Petroleum Corp. has contracted the VALARIS DS-16 drillship for a 940-day program for work in the US Gulf of Mexico. This contract extension begins in June 2026.

The company also secured a new 914-day contract with Occidental for VALARIS DS-18, also in the US Gulf. This is set to begin during fourth-quarter 2026.

The two contract wins, which were announced by Valaris on July 6, have an estimated value of about $760 million.

Valaris President and CEO Anton Dibowitz said, “We’ve secured approximately $1.9 billion in new contract backlog so far this year…”

Valaris in the news:

Courtesy Valaris
VALARIS 247
Valaris has agreed to sell the VALARIS 247 jackup to BW Energy for about $108 million, with the deal expected to close in the second half of the year.
May 7, 2025
Photo by Antonio Gonzalez, Radio Operator on VALARIS 117; courtesy of Valaris Limited's LinkedIn
VALARIS 117
Valaris has secured new contracts or extensions for its rig fleet with a combined value of about $1 billion, excluding mobilization charges.
May 2, 2025
Courtesy Valaris
VALARIS DS-10 drillship
The work is scheduled to begin late in the second quarter or in the third quarter of 2026.
April 1, 2025
Courtesy Valaris Limited LinkedIn
About a week ago, Valaris boasted on its LinkedIn that its VALARIS 121 crew achieved two years without a recordable incident.
Valaris has declared new contracts and extensions for seven jackups in a fleet status update.
Feb. 20, 2025

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