Valaris reactivates four deepwater floaters a year after emerging from Chapter 11

July 25, 2022
The reactivations included the VALARIS DPS-1 semisubmersible and drillships VALARIS DS-4, VALARIS DS-9 and VALARIS DS-16.

Offshore staff

HOUSTON  Valaris has successfully reactivated four deepwater floaters just over a year after emerging from Chapter 11.

The reactivations started in fourth-quarter 2021 and included semisubmersible VALARIS DPS-1 for Woodside Energy in Australia and drillships VALARIS DS-4 for Petrobras in Brazil, VALARIS DS-9 for Exxon Mobil in Angola and VALARIS DS-16 for Occidental in the US Gulf of Mexico.

Deepak Bisht, Valaris senior director of technical support, said, “The VALARIS DPS-1, DS-4, DS-9 and DS-16 have all commenced operations for their respective customers. The leadership, collaboration and commitment displayed by Valaris personnel at all levels was exemplary and allowed us to move forward safely and efficiently. This has set the bar high for the organization as we venture into more rig reactivations."