Offshore driller Valaris has announced a string of new contracts and extensions worth around $275 million, including four notable North Sea awards.
BP has picked a Valaris rig to drill four wells offshore Egypt, starting late in the third or early in the fourth quarter of 2023.
Drilling rig operator Valaris (NYSE: VAL) reported a profitable Q3, as revenues and day rates increased across the board on the back of a renewed focus on energy security.
Offshore drilling firm, Seadrill, has announced it will sell all of its stakes in Paratus Energy Services today.
Offshore drilling contractor Valaris (NYSE: VAL) has announced a handful of new deals and extensions.
Valaris’ (NYSE: VAL) new senior vice president and chief commercial officer (COO) has officially taken up his role.
‘I honestly can’t believe no one has been killed’: Whistleblowers raise serious HSE concerns over Valaris rig project
The Health and Safety Executive (HSE) is investigating after workers at a yard in Seaton Carew flagged a series of severe incidents during upgrade work on a Valaris rig.
Shell has handed drilling contractor Valaris $60 million (£51.8m) to continue using one of its jack-ups in the North Sea.
Shell is buying a 51% stake in the North Platte development, in the US Gulf of Mexico, from Equinor, the Norwegian company has revealed.
Drilling contractor Valaris has recruited a new crack team of taloned terrors for a “special mission” offshore.
ExxonMobil has awarded Maersk Supply Service work supporting drilling and production offshore Angola, in Block 15.
Valaris (NYSE:VAL) has reported net losses of $40 million for the first quarter, as improved jack-up utilisation failed to tip the company back into profitability.
Valaris has sold two sold heavy duty jack-up rigs to a unit of ADES International, as the Dubai-based contractor continues to pick up assets from across the globe.
Drilling rig operator Valaris has secured a series of new contracts and contract extensions worth some $181 million in backlog.
A Valaris drillship has broken free of its moorings and collided with a carrier vessel while docked in Mississippi.
Offshore driller Valaris (NYSE: VAL) said its “transitional period” post-Chapter 11 bankruptcy will continue into the second quarter of this year as it deals with costly rig reactivations.
‘Lives were endangered’ – Union boss hits out at North Sea safety culture after supply ship crashes into oil rig
A leading union chief says a collision between an oil rig and a supply vessel in the North Sea is the result of “commercial pressure” on safety.
Valaris has been criticised by the safety watchdog after a North Sea supply ship sustained "significant damage" after crashing into one of its offshore rigs.
Tom Burke, the former CEO of drilling rig giant Valaris, has joined private equity group SCF Partners.
Valaris has announced a clutch of contract awards, including decommissioning work with Centrica in the UK.
The board of offshore drilling group Valaris has confirmed Anton Dibowitz as president and chief executive officer, following his interim appointment earlier this year.
A Valaris rig has had to be deep cleaned after an outbreak of Covid-19 on board.
‘Risk of serious injury’: Valaris hit with HSE warning after two-tonne object dropped 30feet on oil rig
Valaris has been reprimanded by the Health and Safety Executive (HSE) following an incident on one of its jack-up rigs that posed a risk of “serious injury”.
Valaris has won a two-year contract from ExxonMobil offshore Angola.