Valaris sold its semisubmersible Valaris DPS-1 for recycling in April 2026, according to the company’s May 2026 fleet status report.…
Australia
Valaris DPS-1 sold for recycling
Valaris has sold its 10,000-ft semisubmersible Valaris DPS-1 for recycling. Valaris held the rig for sale in February 2026. The…
South America
Valaris Nets $447M Brazil Drillship Extension, Inks Suriname Collaboration Deal
Offshore drilling contractor Valaris has secured a multi-year contract extension with Petrobras offshore Brazil and entered into a strategic collaboration…
The Network
Petrobras expands Valaris drillship’s stay in Brazil
Bermuda-incorporated offshore drilling contractor Valaris has secured more drilling work for one of its drillships off the coast of Brazil…
International
Transocean To Buy Offshore Rig Contractor Valaris For $5.8 Billion
Oilfield services firm Transocean will acquire offshore rig contractor Valaris in an all-stock deal valued at ~$5.8B, where Valaris shareholders…
Contracts
Valaris wins multiyear Shell contract
Valaris Ltd, the Bermudian-based offshore drilling company, has secured a multiyear contract with Shell for the use of Valaris DS-8,…
Regional
Rig worker dies on Valaris jackup in UK North Sea
A rig worker has died while working on the Valaris 121 jackup rig in the UK part of the North…
Contracts
Valaris scores $190M new offshore drilling and wind contracts
Offshore drilling contractor Valaris has secured a series of new contracts and extensions worth about $190 million in the North…
Contracts
Valaris adds North Sea work with new offshore wind and oil contracts
US-listed offshore drilling contractor Valaris has secured a series of contract awards and extensions in the UK North Sea, including…
Contracts
Valaris Announces Contract Award For Drillship VALARIS DS-12
Valaris Limited (“Valaris” or the “Company”) announced today that it has been awarded a five-well contract with Bp Exploration Delta…
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