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News 2026-10-07 11:01 UTC

Valaris: $220 million contract backlog with new awards and extensions

Valaris announced new contracts and extensions totaling approximately $220 million in contract backlog, excluding mobilization fees and capital reimbursements. These include a two-well exploration contract for drillship VALARIS DS-18 with PETRONAS Suriname, a jackup contract offshore Australia, and plug and abandonment