Valaris News

Lukoil Starts Drilling at Block 12, Offshore Mexico

Aug 16, 2021

Russian oil firm Lukoil said Monday it had started drilling its first exploration well at Block 12 offshore Mexico.The block is located 50 km off the coast, in the Gulf of Mexico, near the State of Tabasco, Mexico. It covers an area of 521 square meters…

Valaris Secures Contract Extension for Jack-up Rig in Saudi Arabia

Jun 30, 2021

Offshore drilling company Valaris has secured a contract extension for its VALARIS JU-250 (ex-Bob Palmer) jack-up drilling rig.The 200-day extension to the charter has been agreed with ARO Drilling a Saudi-focused offshore drilling joint venture between Valaris and Saudi Aramco…

W&T Offshore Books Valaris Jack-Up Rig for Gulf of Mexico Drilling Project

May 20, 2021

Offshore drilling firm Valaris has secured a contract for one of its jack-up rigs in the U.S. Gulf of Mexico.Valaris, which on April 30, 2021 completed its financial restructuring and emerged from chapter 11, said Wednesday that the jack-up…

Eni Finds New Oil Offshore Mexico

Aug 02, 2021

Eni announced an oil find in Upper Miocene sequences on the Sayulita Exploration Prospect in Block 10 in the mid-deep water of the Cuenca Salina Sureste Basin, Offshore Mexico. According to preliminary estimates the new find may contain between 150 and 200Mboe in place…

Australia: WesternGas to Drill Sasanof-1 Well Using Valaris Rig. Taps AGR for Well Management

Jul 12, 2021

Australian oil and gas company Western Gas, the operator of the offshore Exploration Permit WA-519-P, said Friday it would drill the Sasanof-1 exploration well offshore Western Australia in Q1 2022, using a Valaris semi-submersible drilling rig…

BP Charters Valaris Drillship for Mauritania/Senegal Drilling

Jul 06, 2021

Oil major BP has hired a Valaris drillship for drilling operations offshore Mauritania and Senegal, where it operates the Greater Tortue Ahmeyim project.Valaris said Tuesday that BP would use its double hull DP drillship VALARIS DS-12 to drill four offshore wells…

Equinor Adds Two Wells to Valaris' Jack-Up Rig Scope

Jun 03, 2021

Offshore drilling firm Valaris said Wednesday it had won a contract extension for one of its jack-up drilling rigs with Norway-based oil company Equinor.The contract is for the Valaris JU-291 jack-up drilling unit, formerly known as the Rowan Stavanger…

Valaris Bags Drillship Contract in Ivory Coast

Jun 01, 2021

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…

Santos' New Well at Van Gogh Offshore Oil Field Hits Output Record

Jul 26, 2021

Australian oil and gas company Santos has started oil production from the Van Gogh Phase 2 Infill Development, offshore W. Australia, hitting a production record.Santos had announced a Final Investment Decision (FID) on the Van Gogh Infill Development Phase 2 Project in March 2020…

Chevron Extends Valaris Drillship in the Gulf of Mexico

Jun 08, 2021

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…

Valaris Tallies Jack-up Contract Off Qatar

Jun 22, 2021

Offshore drilling contractor Valaris said Tuesday that it had secured work for one of its jack-up drilling rigs off the coast of Qatar.The company said it was awarded a contract with North Oil Company, which will see the VALARIS JU-110 deployed…

Valaris Completes Debt Restructuring. Emerges from Bankruptcy

May 03, 2021

Offshore drilling contractor Valaris, which had filed for bankruptcy in August 2020, said Monday it had on April 30, 2021, successfully completed its financial restructuring and emerged from chapter 11.The Valaris Group's Plan of Reorganization…

Valaris JU-115 Jack-Up Rig to Stay Off Thailand Until Sept. 2022

May 10, 2021

Offshore drilling company Valaris, which last week emerged from bankruptcy, has won a contract extension for its Valaris JU-115 jack-up rig offshore Thailand.Valaris said Monday that the oil and gas company Mubadala Petroleum had extended the jack-up rig charter by around 240 days…

OMV Hires Valaris Jack-Up Rig for New Zealand Drilling

May 03, 2021

OMV New Zealand has confirmed for Offshore Engineer that the company has hired Valaris' Gorila VII jack-up rig for work offshore New Zealand.Following a report last Friday by Bassoe Offshore that the two companies had struck an offshore drilling rig deal…

United Offshore Support Expands into Mexico

May 27, 2021

Following a significant contract win in Brazil, United Offshore Support GmbH (UOS) announced the expansion of its Americas business into Mexico. The Germany-based company recently secured a contract with ENI Mexico, part of Eni S.p.A, to provide…

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