Valaris News

Valaris New Contracts Touch $285Mln

Nov 26, 2019

Valaris, the provider of offshore drilling services across all water depths and geographies,  announced new contracts and contract extensions, with associated revenue backlog of approximately $285 million.The United Kingdom-based offshore drilling contractor…

Valaris Announces New Contract Awards

Oct 01, 2019

Offshore drilling contractor Valaris on Tuesday announced a group of new global contracts and contract extensions, with associated revenue backlog of approximately $245 million. The latest batch of contracts, which includes work in several continents…

Arnold Joins Valaris Board of Directors

Nov 26, 2019

London headquartered offshore drilling contractor Valaris said it has appointed Frederick Arnold to the company's board of directors, as the company as part of an ongoing board refreshment plan.Arnold, who joins the board as an independent director effective immediately…

Angola Lifting All Boats

Nov 19, 2019

Suppliers of drilling and subsea services and equipment may already be feeling the partial lift offered by West African nation Angola clearing offshore investment bottlenecks.On Monday, Bergen-based subsea cable layer, Oceanteam, announced its vessel…

Online Tool Helps Assess Drilling Safety

Oct 18, 2019

A newly created online assessment tool aims to help drilling employers reinforce the competency of roustabouts.Developed as part of the OPITO Skills Screening online tool, a comprehensive question bank has been created by the International Association…

$84Mln New Contract Awards for Valaris

Aug 28, 2019

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…

Neptune Awards Seagull Drilling Contract

Sep 30, 2019

Neptune Energy and its joint venture partners BP and JAPEX today announced Valaris has been awarded a contract to provide a heavy-duty jack-up drilling rig for the Seagull development oil project in the UK North Sea.Valaris will provide the…

Yakaar-2 Offshore Well Confirms Gas Resource

Sep 24, 2019

American upstream oil company Kosmos Energy reported that the Yakaar-2 appraisal well offshore Senegal has confirmed a world-scale natural gas resource in the BP-ledYakaar-Teranga gas project.The Yakaar-2 appraisal well was drilled in approximately 2…

Valaris Extends RigNet Deal

Aug 07, 2019

Houston-based networking solutions provider RigNet said it has signed a multi-year contract extension with offshore driller Valaris (formerly EnscoRowan).Under the agreement, RigNet will continue to provide Managed Communication Services including…

Borr Drilling Eyes Strong Earnings Growth

Aug 29, 2019

Oslo and New York-listed Borr Drilling, partly owned by Schlumberger, said on Thursday it expected strong core earnings growth in coming months with demand for its rigs set to rise.The offshore drilling rig contractor reported a negative adjusted earnings before interest…

EnscoRowan Changes its Name to Valaris

Jul 03, 2019

UK-based offshore drilling contractor EnscoRowan announced that it will change its name to Valaris, effective July 31, 2019.The London-headquartered firm said in a stock exchange announcement that its ordinary shares will trade under the new ticker symbol VAL following its name change…

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