Saudi Arabian state-owned oil giant Aramco has signed contract extension with ARO Drilling, its 50-50 joint venture with Valaris, for five jack-up drilling rigs.The contract, deemed as significant by ARO Drilling, marks a key milestone in the company’s ongoing efforts to expand its operations and further contribute to the Kingdom's economic growth.The agreement includes the following offshore rigs Bob Palmer 50 (BP-50)…
Offshore drilling rig firm Borr Drilling has appointed Daniel Rabun, former CEO of Ensco, as a company director to fill existing vacancy with effect April 25, 2023.Rabun served as Chairman of the Board, President and Chief Executive Officer of Ensco plc…
U.S. oil major ExxonMobil has awarded a two-year contract for Valaris' drillship Valaris DS-9 for operations in Angola.The drillship, formerly known as Ensco DS-9, will work for ExxonMobil's Angolan subsidiary Esso Exploration Angola.Delivered in 2015 by Samsung Heavy Industries in South Korea…
Offshore drilling company Valaris has won a drilling rig contract with the Brazilian oil firm Petrobras offshore Brazil.The contract is for the drillship Valaris DS-4, for operations offshore Brazil. The contract is for a minimum term of 548 days…
Offshore drilling firm Valaris has secured contracts with Shell Namibia Upstream B.V. and Shell Sao Tome and Principe B.V. offshore Namibia and Sao Tome and Principe, respectively, for its drillship VALARIS DS-10.The contracts for the 2017-delivered offshore rig are each for one well…
Offshore drilling firm Valaris has won a contract extension with Aramco in Saudi Arabia for one of its standard-duty modern jackup drilling rigs.The Saudi national oil company has elected to extend the charter of the VALARIS JU-140 jack-up by 183 days…
Offshore drilling rig owner Valaris announced on Tuesday it has been awarded a three-year contract with U.S. supermajor Chevron in the U.S. Gulf of Mexico.The contract for the ultra-deepwater drillship Valaris Relentless (VALARIS DS-18) is expected…
Offshore drilling rig owner Valaris said Tuesday it had won a drillship contract with TotalEnergies in Ivory Coast.The contract is for the ultra-deepwater drillship Valaris DS-12. Total E&P Côte d'Ivoire B.V, an Ivory Coast subsidiary of the…
A Valaris drillship went adrift on Tuesday evening, breaking free from moorings near the port at Hunterston, North Ayrshire, Scotland.According to BBC, which was the first to report on the incident on Wednesday, 'a major rescue operation has been ongoing overnight…
Two offshore drilling rigs, previously used for oil and gas exploration beneath the seabed, could soon help with space exploration.Namely, according to multiple reports this week, a company linked to billionaire Elon Musk bought two deepwater semi-submersible drilling rigs last year…
Valaris, the world's largest offshore drilling contractor by fleet size, filed for bankruptcy on Wednesday, in a move to restructure its debt load and reduce debt by more than $6.5 billion.The company has been hit by the combined effects of the global COVID-19 pandemic…
Services firm Petrofac says it has implemented its SkillsVX learning and competency software for offshore drilling contractor Valaris, supporting its 7,000 employees globally to manage their learning and competency needs.The implementation involved…
Offshore services group Acteon will appoint Carl Trowell as Group Chief Executive Officer, succeeding Richard Higham, effective June 1.Trowell, with 25 years of experience in a wide range of roles across the energy sector, joins Acteon from the offshore drilling contractor Valaris plc…
London-headquartered offshore drilling contractor Noble Corporation has appointed Stephen M. Butz as Executive Vice President and Chief Financial Officer, effective December 19, 2019.From 2014 until its merger with Ensco plc, Butz served as…
Offshore drilling contractor Valaris has been awarded new contracts and contract extensions for its rigs, with associated revenue backlog of $84 million.The largest offshore drilling and well drilling company in the world, formerly known as EnscoRowan…
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