Valaris Drilling Company

Managed Platforms Valaris brings its experience and proficiency in drilling operations, supply chain management and proven safety practices to manage operator-owned assets. The Floaters segment includes drill ships and semisubmersible rigs. United States. Take Virtual Rig Tour. Valaris Ltd. Valaris is committed to providing responsible solutions that optimally balance environmental, social, economic, and energy needs for society. it: Valaris Company Drilling. Valaris plc is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in the UK. emissions from our drilling rigs currently represent. Woodside lets drilling contract to Valaris. 85 billion of debt was listed in the company's bankruptcy petition. Valaris was formed in 2019 as "Ensco Rowan" through the merger of Ensco plc and Rowan Companies plc, creating the world's largest offshore drilling company. The company was founded in 1975 and is headquartered in Hamilton, Bermuda. It owns an offshore drilling rig fleet. Views: 23448: Published: 13. 1 billion of existing debt and provide the offshore drilling contractor with a $520 million capital injection via the issuance of a $550 million. The plan will enable Valaris to eliminate $7. Menu & Reservations. It provides offshore drilling services across all water depths and geographies. it: Company Drilling Valaris. The company has secured a contract from Eni to carry out plug and. ARO Drilling (Saudi Aramco Rowan Offshore Drilling Company) is a joint venture between Saudi Aramco, the world's largest oil and gas company, and Valaris, an industry-leading, global drilling contractor. 2021: Author: chisurise. We provide drilling services across all water depths with unmatched scale, geographic presence and customer relationships. 5847 San Felipe St. Under the restructuring proposal, Valaris would cancel several shares while swapping equity for its revolving credit facility and unsecured notes. In 2020, the company's largest customers were BP (11% of revenues), Saudi Aramco (9% of revenues. Valaris Limited provides offshore contract drilling services in various water depths to oil and gas industry worldwide. Houston TX 77057. Valaris Limited Fleet Status Report August 2, 2021 (4) Fleet Status. 85 billion of debt was listed in the company's bankruptcy petition. Maximum Water Depth: 12,000 ft. it: Company Drilling Valaris. The contract for the heavy-duty harsh environment jack-up rig is expected to start in the fourth quarter of 2021. In 2020, the company's largest customers were BP (11% of revenues), Saudi Aramco (9% of revenues. According to the report released today, Tuesday, revenue increased to USD 327m in the third quarter from USD 293m in the second quarter. The plan will enable Valaris to eliminate $7. Our purpose is the driving force that defines us as a leading organization in our industry. 2021: Author: chisurise. According to Clarksons, the company has sold. Views: 15525: Published: 16. Valaris Plc engages in the provision of offshore contract drilling services to the international oil and gas industry. The plan will enable Valaris to eliminate $7. Houston TX 77057. The company is positioned for long-term growth and is the right choice for goal-oriented individuals looking for. Valaris is pleased to announce that Alex Reyna, Latin America Sales & Marketing Manager, will be a panelist in the offshore drilling session at Shallow and Deepwater Mexico on Thursday, October 14th. Valaris Limited Fleet Status Report August 2, 2021 (4) Fleet Status. Valaris was founded in 1998. Valaris said in a statement on Wednesday that. According to the report released today, Tuesday, revenue increased to USD 327m in the third quarter from USD 293m in the second quarter. It later changed its named to. View All Zacks #1 Ranked Stocks. Valaris' headquarters is located in London, England, GB SW1V. The contract is expected to commence in November 2021. Make Reservations. (713) 621-7800 Website. On August 2, 2021, Valaris Ltd. Valaris Ltd. The company recently listed several assets totaling out to roughly $13 billion with an additional $7. Our diverse rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups is capable of meeting a wide spectrum of. Valaris is an England-based company that owns and operates semisubmersibles, deepwater drillships and jack-ups for offshore drilling operations around the world. In 2020, the company's largest customers were BP (11% of revenues), Saudi Aramco (9% of revenues. Rig Sales VALARIS 22 and 100 have been sold and retired from the offshore drilling fleet. Valaris said that the contract was for the Valaris DS-4 drillship which would work for the Brazilian major offshore Brazil. The contract is expected to commence late in the first quarter or early in the second quarter of 2022 with an estimated duration of 300 days. As for the outgoing CFO Baksht, the Valaris Board of Directors has appointed Darin Gibbins, the Company's Vice President - Investor Relations and Treasurer, as interim Chief Financial Officer effective. Design: GustoMSC P10,000 Water Depth: Ultra-Deepwater: 7,500' + Region: North and South America Special Capabilities: MPD Equipped. Valaris Plc engages in the provision of offshore contract drilling services to the international oil and gas industry. Managed Platforms Valaris brings its experience and proficiency in drilling operations, supply chain management and proven safety practices to manage operator-owned assets. Maximum Water Depth: 12,000 ft. Offshore driller Valaris has sent three drillships, all less than ten-years-old, to the scrapyard amid continued uncertainty in the offshore market. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin. 21 at 09:07. Trades from $ 1. Valaris Offshore Company Coupons, Promo Codes 06-2021. Woodside Petroleum Ltd. The Jackups segment offers contract drilling service. Published: 02. Valaris Plc is created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company in the world. The following table summarizes our and ARO's offshore drilling rigs as of September 30, 2021 and 2020: 2021 2020 Floaters 16 16 Jackups(1) 33 36 Other(2) 8 9 Held-for-sale(1)(2)(3) 2 3 Total Valaris 59 64 Valaris - Under construction(4) 2 2 ARO(5) 7 7 ARO - Under construction (6) 2 2 (1)During the second quarter of 2021, we sold VALARIS 101. As for the outgoing CFO Baksht, the Valaris Board of Directors has appointed Darin Gibbins, the Company's Vice President - Investor Relations and Treasurer, as interim Chief Financial Officer effective. Take Virtual Rig Tour. Good company to work for great people to be around extreme conditions offshore on drilling rig 12 hours a day for 21 days straight a lot to learn and do while on rig always hard work and. Our diverse rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups is capable of meeting a wide spectrum of. The Valaris fleet of 18 cold stacked rigs today cost the company ~$60 million per year (~$9,000 per rig per day). Valaris Plc is created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company in the world. Valaris said that the contract was for the Valaris DS-4 drillship which would work for the Brazilian major offshore Brazil. The 50/50 joint venture marks a major milestone towards the development of a competitive Saudi energy sector, as encapsulated in. The Jackups segment offers contract drilling service. That seems like a lot of money, but in the grand scheme of things it is a small amount to pay for the chance to bring back those rigs in operations and earn billions in revenue going forward. Valaris Ltd is an offshore contract drilling company. The Valaris fleet of 18 cold stacked rigs today cost the company ~$60 million per year (~$9,000 per rig per day). Offshore drilling company Valaris has won an extension to its bareboat charter agreement with ARO Drilling for one of its standard duty jack-up rigs. ARO Drilling (Saudi Aramco Rowan Offshore Drilling Company) is a joint venture between Saudi Aramco, the world's largest oil and gas company, and Valaris Companies, an industry-leading, global drilling contractor. Our diverse rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups is capable of meeting a wide spectrum of customers’ well program requirements. Offshore drilling company Valaris has won a contract with oil firm TAQA offshore the Netherlands for Valaris JU-123 offshore drilling rig. The following table summarizes our and ARO's offshore drilling rigs as of September 30, 2021 and 2020: 2021 2020 Floaters 16 16 Jackups(1) 33 36 Other(2) 8 9 Held-for-sale(1)(2)(3) 2 3 Total Valaris 59 64 Valaris - Under construction(4) 2 2 ARO(5) 7 7 ARO - Under construction (6) 2 2 (1)During the second quarter of 2021, we sold VALARIS 101. Valaris Plc is created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company in the world. The company recently listed several assets totaling out to roughly $13 billion with an additional $7. 2021-5-21 · Offshore drilling firm Valaris has secured a contract with W&T Offshore for its jackup rig VALARIS JU-117 in the U. It owns an offshore drilling rig fleet. Valaris plc is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in the UK. Valaris Plc engages in the provision of offshore contract drilling services to the international oil and gas industry. The contract is expected to commence in November 2021. The firm operates rig fleet of ultra-deepwater drillships, versatile semisubmersibles and shallow-water jackups. Valaris' headquarters is located in London, England, GB SW1V. It owns an offshore drilling rig fleet with drilling operations in offshore market across continents. Valaris Drilling Job Vacancies. Menu & Reservations. Valaris 5847 San Felipe St Houston, TX Oil Well Drilling - MapQuest. It operates its through the following segments: Floaters, Jackups and Others. HAMILTON, Bermuda, November 02, 2021--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported third quarter 2021 results. Valaris was formed in 2019 as "Ensco Rowan" through the merger of Ensco plc and Rowan Companies plc, creating the world's largest offshore drilling company. Drilling contractor Valaris has started modifying and upgrading some of its rig fleet to reduce emissions, identifying such investments as the focus of its near-term sustainability effort. It later changed its named to. About Drilling Valaris Company. ARO Drilling (Saudi Aramco Rowan Offshore Drilling Company) is a joint venture between Saudi Aramco, the world's largest oil and gas company, and Valaris, an industry-leading, global drilling contractor. See the full list at Craft. Offshore driller Valaris has unveiled several new short-term contract awards in its latest fleet status update. View All Zacks #1 Ranked Stocks. Its rig fleet comprise deepwater drillships. Valaris Limited (VAL) Quote Overview » More Research » Valaris Limited (VAL) Full. LT 240-C 2008 Saudi Aramco Saudi Arabia Dec 18 Dec 21 Leased to ARO Drilling(4) VALARIS JU-115 BM Pacific Class 400 2013 Mubadala Petroleum Mubadala Petroleum Thailand Thailand Feb 21 Feb 22 Sep 21 Sep 22 VALARIS JU-110 KFELS MOD V-B 2015 North Oil Company North Oil Company. Views: 23448: Published: 13. Valaris is headquartered in London, United Kingdom and has 9 office locations across 7 countries. Offshore driller Valaris has unveiled several new short-term contract awards in its latest fleet status update. W&T Offshore Awards GoM Drilling Contract to Valaris. The 50/50 joint venture marks a major milestone towards the development of a competitive Saudi energy sector, as encapsulated in Saudi. Valaris Drilling Job Vacancies. It provides offshore drilling services across all water depths and geographies. Valaris 5847 San Felipe St Houston, TX Oil Well Drilling - MapQuest. reported second quarter 2021 results and also provided a quarterly fleet status with a backlog of 2,633 million including ARO drilling. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles, and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin. Valaris was created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company in the world. Our diverse rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups is capable of meeting a wide spectrum of customers’ well program requirements. See the full list at Craft. Drilling company Valaris has been awarded a 16-well contract with Woodside offshore Australia for its semisub Valaris DPS-1. At Valaris, our core purpose is to provide responsible solutions that deliver energy to the world. The contract is expected to commence in November 2021. Valaris Reliance(VALARIS DS-17) Type: Drillship. HR Valaris Service Center (HR VSC) is the first point of contact for HR assistance. Managed Platforms Valaris brings its experience and proficiency in drilling operations, supply chain management and proven safety practices to manage operator-owned assets. It is the largest offshore drilling and well drilling company in the world and owns 61 rigs, including 45 offshore jack-up rigs, 11 drillships, and 5 semi-submersible platform drilling rigs. VALARIS Norway awarded a contract for accommodation work with Harbour Energy in the UK North Sea. Valaris Limited (VAL) Quote Overview » More Research » Valaris Limited (VAL) Full. 21 at 09:07. July 13, 2021. We provide drilling services across all water depths with unmatched scale, geographic presence and customer relationships. The company was founded in 1975 and is headquartered in Hamilton, Bermuda. According to Clarksons, the company has sold. Valaris is headquartered in London, United Kingdom and has 9 office locations across 7 countries. 2021-5-21 · Offshore drilling firm Valaris has secured a contract with W&T Offshore for its jackup rig VALARIS JU-117 in the U. Company Description: Ensco, now known as Valaris plc, is well ensconced as a leading offshore drilling contractor for the petroleum industry. emissions from our drilling rigs currently represent. reported second quarter 2021 results and also provided a quarterly fleet status with a backlog of 2,633 million including ARO drilling. com Valaris was created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company …. has let a contract to Valaris PLC for a 16-well program offshore Australia to begin first-half 2022. Valaris' headquarters is located in London, England, GB SW1V. Valaris Drilling Job Vacancies. Valaris Plc is created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company in the world. HAMILTON, Bermuda, November 02, 2021--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported third quarter 2021 results. The Floaters segment includes drill ships and semisubmersible rigs. Your trial for EnergyWatch has now started. Valaris brings energy to the world as a global provider of offshore drilling services to the petroleum industry. The plan will enable Valaris to eliminate $7. Design: GustoMSC P10,000 Water Depth: Ultra-Deepwater: 7,500' + Region: North and South America Special Capabilities: MPD Equipped. It owns an offshore drilling rig fleet with drilling operations in offshore market across continents. ARO Drilling (Saudi Aramco Rowan Offshore Drilling Company) is a joint venture between Saudi Aramco, the world's largest oil and gas company, and Valaris, an industry-leading, global drilling contractor. The company is positioned for long-term growth and is the right choice for goal-oriented individuals looking for. Menu & Reservations. The contract is expected to commence late in the first quarter or early in the second quarter of 2022 with an estimated duration of 300 days. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles, and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin. The contract is expected to commence in the fourth quarter of. On August 2, 2021, Valaris Ltd. Managed Platforms Valaris brings its experience and proficiency in drilling operations, supply chain management and proven safety practices to manage operator-owned assets. it: Company Drilling Valaris. The Valaris fleet of 18 cold stacked rigs today cost the company ~$60 million per year (~$9,000 per rig per day). See the full list at Craft. Woodside lets drilling contract to Valaris. Views: 23448: Published: 13. Our purpose is the driving force that defines us as a leading organization in our industry. VALARIS 142 has been sold to an operator and can only be utilized on specific assets. Valaris Offshore Company Coupons, Promo Codes 06-2021. Drilling company Valaris has been awarded a 16-well contract with Woodside offshore Australia for its semisub Valaris DPS-1. VALARIS Norway awarded a contract for accommodation work with Harbour Energy in the UK North Sea. For more than 30 years, we have focused on operating safely and exceeding customer expectations. Its fleet includes drillships, semisubmersibles, moored semisubmersibles, and premium jackups. it: Company Drilling Valaris. We are a proud supporter of sustainable development for the oil and gas industry. The plan will enable Valaris to eliminate $7. Gulf of Mexico, the company said on May 19. The company added that the deal was for a minimum term of 548 days. In 2020, the company's largest customers were BP (11% of revenues), Saudi Aramco (9% of revenues. Valaris Limited Fleet Status Report August 2, 2021 (4) Fleet Status. July 13, 2021. Valaris was created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company in the world. Woodside Petroleum Ltd. Valaris Reliance(VALARIS DS-17) Type: Drillship. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles, and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin. US offshore drilling contractor Valaris, a competitor of Maersk Drilling, exits the third quarter in line with market expectations. The company was founded in 1975 and is headquartered in Hamilton, Bermuda. Rick Wilkinson. US offshore drilling contractor Valaris, a competitor of Maersk Drilling, exits the third quarter in line with market expectations. Valaris 5847 San Felipe St Houston, TX Oil Well Drilling - MapQuest. Our proven record enables customers to focus on reservoir life cycle management while our crews manage drilling performance. Company Description: Ensco, now known as Valaris plc, is well ensconced as a leading offshore drilling contractor for the petroleum industry. At Valaris, our core purpose is to provide responsible solutions that deliver energy to the world. 1bn of Funded Debt, New Common Shares and Warrants of Successor Entity to Trade on NYSE by New. HAMILTON, Bermuda-- (BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") announced today that it has been awarded a contract with TAQA offshore the Netherlands for VALARIS JU-123, a heavy-duty harsh environment jackup. Order Online Tickets. W&T Offshore Awards GoM Drilling Contract to Valaris. Valaris Limited (VAL) Quote Overview » More Research » Valaris Limited (VAL) Full. The company recently listed several assets totaling out to roughly $13 billion with an additional $7. VALARIS 142 has been sold to an operator and can only be utilized on specific assets. Houston TX 77057. Our diverse rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups is capable of meeting a wide spectrum of customers’ well program requirements. Your trial for EnergyWatch has now started. Maximum Water Depth: 12,000 ft. The contract was awarded by Esso Exploration Angola, an affiliate of. Rick Wilkinson. Valaris (formerly known as Ensco Rowan) is a company that provides offshore-drilling services to the petroleum industry. Valaris Ltd is an offshore contract drilling company. About Valaris Drilling Company. The company has secured a contract from Eni to carry out plug and. Valaris Reliance(VALARIS DS-17) Type: Drillship. Design: GustoMSC P10,000 Water Depth: Ultra-Deepwater: 7,500' + Region: North and South America Special Capabilities: MPD Equipped. Valaris plc is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in the UK. Trades from $ 1. In 2020, the company's largest customers were BP (11% of revenues), Saudi Aramco (9% of revenues. Managed Platforms Valaris brings its experience and proficiency in drilling operations, supply chain management and proven safety practices to manage operator-owned assets. 1bn of Funded Debt, New Common Shares and Warrants of Successor Entity to Trade on NYSE by New. Make Reservations. Valaris Plc is created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company in the world. The following table summarizes our and ARO's offshore drilling rigs as of September 30, 2021 and 2020: 2021 2020 Floaters 16 16 Jackups(1) 33 36 Other(2) 8 9 Held-for-sale(1)(2)(3) 2 3 Total Valaris 59 64 Valaris - Under construction(4) 2 2 ARO(5) 7 7 ARO - Under construction (6) 2 2 (1)During the second quarter of 2021, we sold VALARIS 101. Views: 23448: Published: 13. Valaris said in a statement on Wednesday that. Valaris said that the contract was for the Valaris DS-4 drillship which would work for the Brazilian major offshore Brazil. It is the largest offshore drilling and well drilling company in the world, and owns 61 rigs, including 45 offshore jackup rigs , 11 drillships , and 5 semi-submersible platform drilling rigs. In 2020, the company's largest customers were BP (11% of revenues), Saudi Aramco (9% of revenues. Company Description: Ensco, now known as Valaris plc, is well ensconced as a leading offshore drilling contractor for the petroleum industry. The contract will cover plug and abandonment operations at the Enfield. Valaris brings energy to the world as a global provider of offshore drilling services to the petroleum industry. Trades from $ 1. Valaris said in a statement on Wednesday that. The contract is expected to commence in November 2021. Good company to work for great people to be around extreme conditions offshore on drilling rig 12 hours a day for 21 days straight a lot to learn and do while on rig always hard work and. Valaris Offshore Company Coupons, Promo Codes 06-2021. For more than 30 years, we have focused on operating safely and exceeding customer expectations. VALARIS Norway awarded a contract for accommodation work with Harbour Energy in the UK North Sea. He also will remain on the Board of Directors of ARO Drilling, a 50/50 joint venture between Valaris and Saudi Aramco," Valaris said. The firm operates rig fleet of ultra-deepwater drillships, versatile semisubmersibles and shallow-water jackups. The company recently listed several assets totaling out to roughly $13 billion with an additional $7. The company is positioned for long-term growth and is the right choice for goal-oriented individuals looking for. Valaris' headquarters is located in London, England, GB SW1V. 5847 San Felipe St. it: Valaris Company Drilling. Offshore drilling contractor Valaris will reactivate another drillship after being awarded a two-year contract offshore Angola. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles, and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin. Valaris plc is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in the UK. It is the largest offshore drilling and well drilling company in the world, and owns 61 rigs, including 45 offshore jackup rigs , 11 drillships , and 5 semi-submersible platform drilling rigs. Valaris was formed in 2019 as "Ensco Rowan" through the merger of Ensco plc and Rowan Companies plc, creating the world's largest offshore drilling company. it: Valaris Company Drilling. Maximum Water Depth: 12,000 ft. LT 240-C 2008 Saudi Aramco Saudi Arabia Dec 18 Dec 21 Leased to ARO Drilling(4) VALARIS JU-115 BM Pacific Class 400 2013 Mubadala Petroleum Mubadala Petroleum Thailand Thailand Feb 21 Feb 22 Sep 21 Sep 22 VALARIS JU-110 KFELS MOD V-B 2015 North Oil Company North Oil Company. Under the restructuring proposal, Valaris would cancel several shares while swapping equity for its revolving credit facility and unsecured notes. That seems like a lot of money, but in the grand scheme of things it is a small amount to pay for the chance to bring back those rigs in operations and earn billions in revenue going forward. Valaris Plc is created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company in the world. Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. On August 2, 2021, Valaris Ltd. The firm operates rig fleet of ultra-deepwater drillships, versatile semisubmersibles and shallow-water jackups. Valaris employees are encouraged to access our company intranet, ValarisNOW, to have access to a wide range of job related and company information. Drilling contractor Valaris has started modifying and upgrading some of its rig fleet to reduce emissions, identifying such investments as the focus of its near-term sustainability effort. Valaris Ltd is an offshore contract drilling company. The Valaris fleet of 18 cold stacked rigs today cost the company ~$60 million per year (~$9,000 per rig per day). Valaris plc is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in the UK. Offshore drilling company Valaris has won a contract with oil firm TAQA offshore the Netherlands for Valaris JU-123 offshore drilling rig. Its rig fleet comprise deepwater drillships. Make Reservations. has let a contract to Valaris PLC for a 16-well program offshore Australia to begin first-half 2022. Published: 02. 5847 San Felipe St. LT 240-C 2008 Saudi Aramco Saudi Arabia Dec 18 Dec 21 Leased to ARO Drilling(4) VALARIS JU-115 BM Pacific Class 400 2013 Mubadala Petroleum Mubadala Petroleum Thailand Thailand Feb 21 Feb 22 Sep 21 Sep 22 VALARIS JU-110 KFELS MOD V-B 2015 North Oil Company North Oil Company. emissions from our drilling rigs currently represent. Houston TX 77057. The company recently listed several assets totaling out to roughly $13 billion with an additional $7. HAMILTON, Bermuda, November 02, 2021--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported third quarter 2021 results. ARO Drilling (Saudi Aramco Rowan Offshore Drilling Company) is a joint venture between Saudi Aramco, the world's largest oil and gas company, and Valaris, an industry-leading, global drilling contractor. View All Zacks #1 Ranked Stocks. Drilling company Valaris has been awarded a 16-well contract with Woodside offshore Australia for its semisub Valaris DPS-1. Our diverse rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups is capable of meeting a wide spectrum of customers’ well program requirements. US offshore drilling contractor Valaris, a competitor of Maersk Drilling, exits the third quarter in line with market expectations. The Company provides offshore contract drilling services to the international oil and gas industry. Valaris said that the contract was for the Valaris DS-4 drillship which would work for the Brazilian major offshore Brazil. For more than 30 years, we have focused on operating safely and exceeding customer expectations. Make Reservations. The plan will enable Valaris to eliminate $7. The contract will cover plug and abandonment operations at the Enfield. reported second quarter 2021 results and also provided a quarterly fleet status with a backlog of 2,633 million including ARO drilling. We provide drilling services across all water depths with unmatched scale, geographic presence and customer relationships. Valaris (formerly known as Ensco Rowan) is a company that provides offshore-drilling services to the petroleum industry. ARO Drilling (Saudi Aramco Rowan Offshore Drilling Company) is a joint venture between Saudi Aramco, the world's largest oil and gas company, and Valaris Companies, an industry-leading, global drilling contractor. Valaris Plc is created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company in the world. It operates its through the following segments: Floaters, Jackups and Others. VALARIS JU-117 jack-up drilling rig, previously known as Ralph Coffman, has been commissioned on a 45-day deal. The company has secured a contract from Eni to carry out plug and. VALARIS 142 has been sold to an operator and can only be utilized on specific assets. Published: 02. Valaris plc is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in the UK. 1bn of Funded Debt, New Common Shares and Warrants of Successor Entity to Trade on NYSE by New. Reviews from Valaris Drilling employees about Valaris Drilling culture, salaries, benefits, work-life balance, management, job security, and more. Valaris Reliance(VALARIS DS-17) Type: Drillship. Valaris Limited Fleet Status Report August 2, 2021 (4) Fleet Status. Valaris 5847 San Felipe St Houston, TX Oil Well Drilling - MapQuest. United States. The contract is expected to commence late in the first quarter or early in the second quarter of 2022 with an estimated duration of 300 days. Valaris plc – Offshore Drilling Contractor Emerges from Bankruptcy as of April 30th Minus $7. com Valaris was created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company …. Views: 15525: Published: 16. Valaris said in a statement on Wednesday that. Valaris 5847 San Felipe St Houston, TX Oil Well Drilling - MapQuest. Gulf of Mexico, the company said on May 19. About Valaris Drilling Company. reported second quarter 2021 results and also provided a quarterly fleet status with a backlog of 2,633 million including ARO drilling. The contract for the heavy-duty harsh environment jack-up rig is expected to start in the fourth quarter of 2021. Discover The Best Deals www. Valaris Plc is created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company in the world. That seems like a lot of money, but in the grand scheme of things it is a small amount to pay for the chance to bring back those rigs in operations and earn billions in revenue going forward. According to Clarksons, the company has sold. Offshore driller Valaris has unveiled several new short-term contract awards in its latest fleet status update. The firm operates rig fleet of ultra-deepwater drillships, versatile semisubmersibles and shallow-water jackups. 85 billion of debt was listed in the company's bankruptcy petition. HAMILTON, Bermuda, November 02, 2021--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported third quarter 2021 results. He also will remain on the Board of Directors of ARO Drilling, a 50/50 joint venture between Valaris and Saudi Aramco," Valaris said. According to the report released today, Tuesday, revenue increased to USD 327m in the third quarter from USD 293m in the second quarter. At Valaris, our core purpose is to provide responsible solutions that deliver energy to the world. It provides offshore drilling services across all water depths and geographies. He also will remain on the Board of Directors of ARO Drilling, a 50/50 joint venture between Valaris and Saudi Aramco," Valaris said. Reviews from Valaris Drilling employees about Valaris Drilling culture, salaries, benefits, work-life balance, management, job security, and more. Order Online Tickets. It provides offshore drilling services across all water depths and geographies. com Valaris was created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company …. Woodside Petroleum Ltd. (713) 621-7800 Website. 85 billion of debt was listed in the company's bankruptcy petition. Valaris is headquartered in London, United Kingdom and has 9 office locations across 7 countries. Views: 23448: Published: 13. The plan will enable Valaris to eliminate $7. Valaris Announces Jackup Contract Awards. Valaris is committed to providing responsible solutions that optimally balance environmental, social, economic, and energy needs for society. Valaris (formerly known as Ensco Rowan) is a company that provides offshore-drilling services to the petroleum industry. Our purpose is the driving force that defines us as a leading organization in our industry. Its rig fleet comprise deepwater drillships. Offshore drilling company Valaris has won a contract with oil firm TAQA offshore the Netherlands for Valaris JU-123 offshore drilling rig. United States. Valaris plc – Offshore Drilling Contractor Emerges from Bankruptcy as of April 30th Minus $7. The Floaters segment includes drill ships and semisubmersible rigs. LT 240-C 2008 Saudi Aramco Saudi Arabia Dec 18 Dec 21 Leased to ARO Drilling(4) VALARIS JU-115 BM Pacific Class 400 2013 Mubadala Petroleum Mubadala Petroleum Thailand Thailand Feb 21 Feb 22 Sep 21 Sep 22 VALARIS JU-110 KFELS MOD V-B 2015 North Oil Company North Oil Company. The Jackups segment offers contract drilling service. HAMILTON, Bermuda-- (BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") announced today that it has been awarded a contract with TAQA offshore the Netherlands for VALARIS JU-123, a heavy-duty harsh environment jackup. Valaris was formed in 2019 as "Ensco Rowan" through the merger of Ensco plc and Rowan Companies plc, creating the world's largest offshore drilling company. Rig Sales VALARIS 22 and 100 have been sold and retired from the offshore drilling fleet. It operates its through the following segments: Floaters, Jackups and Others. Views: 23448: Published: 13. Our purpose is the driving force that defines us as a leading organization in our industry. Valaris Limited (VAL) Quote Overview » More Research » Valaris Limited (VAL) Full. The contract is expected to commence in November 2021. Valaris said in a statement on Wednesday that. Rick Wilkinson. It owns an offshore drilling rig fleet. Valaris plc – Offshore Drilling Contractor Emerges from Bankruptcy as of April 30th Minus $7. It owns an offshore drilling rig fleet with drilling operations in offshore market across continents. 21 at 09:07. Valaris (formerly known as Ensco Rowan) is a company that provides offshore-drilling services to the petroleum industry. It is the largest offshore drilling and well drilling company in the world, and owns 61 rigs, including 45 offshore jackup rigs, 11 drillships, and 5 semi-submersible platform drilling rigs. VALARIS Norway awarded a contract for accommodation work with Harbour Energy in the UK North Sea. Our diverse rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups is capable of meeting a wide spectrum of. We provide drilling services across all water depths with unmatched scale, geographic presence and customer relationships. Company Description: Ensco, now known as Valaris plc, is well ensconced as a leading offshore drilling contractor for the petroleum industry. Managed Platforms Valaris brings its experience and proficiency in drilling operations, supply chain management and proven safety practices to manage operator-owned assets. Maximum Water Depth: 12,000 ft. Order Online Tickets. Valaris was formed in 2019 as "Ensco Rowan" through the merger of Ensco plc and Rowan Companies plc, creating the world's largest offshore drilling company. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles, and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin. 85 billion of debt was listed in the company's bankruptcy petition. Valaris plc is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in the UK. 2021-5-21 · Offshore drilling firm Valaris has secured a contract with W&T Offshore for its jackup rig VALARIS JU-117 in the U. The company owns a fleet -- the second largest in the industry -- of about 75 offshore rigs, including 50 jack-ups, 10 semisubmersibles (drilling in up to 10,000 feet of water), and around 15 drillships. Valaris Ltd is an offshore contract drilling company. Valaris is an England-based company that owns and operates semisubmersibles, deepwater drillships and jack-ups for offshore drilling operations around the world. On August 2, 2021, Valaris Ltd. As for the outgoing CFO Baksht, the Valaris Board of Directors has appointed Darin Gibbins, the Company's Vice President - Investor Relations and Treasurer, as interim Chief Financial Officer effective. Discover The Best Deals www. It provides offshore drilling services across all water depths and geographies. Valaris Reliance(VALARIS DS-17) Type: Drillship. The Jackups segment offers contract drilling service. The company recently listed several assets totaling out to roughly $13 billion with an additional $7. reported second quarter 2021 results and also provided a quarterly fleet status with a backlog of 2,633 million including ARO drilling. 2021: Author: chisurise. The 50/50 joint venture marks a major milestone towards the development of a competitive Saudi energy sector, as encapsulated in Saudi. It is the largest offshore drilling and well drilling company in the world and owns 61 rigs, including 45 offshore jack-up rigs, 11 drillships, and 5 semi-submersible platform drilling rigs. Our purpose is the driving force that defines us as a leading organization in our industry. Order Online Tickets. Menu & Reservations. Our diverse rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups is capable of meeting a wide spectrum of. The 50/50 joint venture marks a major milestone towards the development of a competitive Saudi energy sector, as encapsulated in. Reviews from Valaris Drilling employees about Valaris Drilling culture, salaries, benefits, work-life balance, management, job security, and more. HAMILTON, Bermuda, November 02, 2021--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported third quarter 2021 results. The company added that the deal was for a minimum term of 548 days. About Drilling Valaris Company. LT 240-C 2008 Saudi Aramco Saudi Arabia Dec 18 Dec 21 Leased to ARO Drilling(4) VALARIS JU-115 BM Pacific Class 400 2013 Mubadala Petroleum Mubadala Petroleum Thailand Thailand Feb 21 Feb 22 Sep 21 Sep 22 VALARIS JU-110 KFELS MOD V-B 2015 North Oil Company North Oil Company. Your trial for EnergyWatch has now started. 5847 San Felipe St. The company is positioned for long-term growth and is the right choice for goal-oriented individuals looking for. Valaris Plc is created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company in the world. Make Reservations. It owns an offshore drilling rig fleet with drilling operations in offshore market across continents. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin. 2021: Author: chisurise. Our diverse rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups is capable of meeting a wide spectrum of customers’ well program requirements. Reviews from Valaris Drilling employees about Valaris Drilling culture, salaries, benefits, work-life balance, management, job security, and more. The company is positioned for long-term growth and is the right choice for goal-oriented individuals looking for. Design: GustoMSC P10,000 Water Depth: Ultra-Deepwater: 7,500' + Region: North and South America Special Capabilities: MPD Equipped. The plan will enable Valaris to eliminate $7. Views: 15525: Published: 16. Valaris was formed in 2019 as "Ensco Rowan" through the merger of Ensco plc and Rowan Companies plc, creating the world's largest offshore drilling company. Rick Wilkinson. Offshore driller Valaris has sent three drillships, all less than ten-years-old, to the scrapyard amid continued uncertainty in the offshore market. On August 2, 2021, Valaris Ltd. According to Clarksons, the company has sold. Valaris Limited Fleet Status Report August 2, 2021 (4) Fleet Status. Valaris is pleased to announce that Alex Reyna, Latin America Sales & Marketing Manager, will be a panelist in the offshore drilling session at Shallow and Deepwater Mexico on Thursday, October 14th. Its fleet includes drillships, semisubmersibles, moored semisubmersibles, and premium jackups. The company has secured a contract from Eni to carry out plug and. HR Valaris Service Center (HR VSC) is the first point of contact for HR assistance. ARO Drilling (Saudi Aramco Rowan Offshore Drilling Company) is a joint venture between Saudi Aramco, the world's largest oil and gas company, and Valaris, an industry-leading, global drilling contractor. View All Zacks #1 Ranked Stocks. Offshore driller Valaris has sent three drillships, all less than ten-years-old, to the scrapyard amid continued uncertainty in the offshore market. The company added that the deal was for a minimum term of 548 days. It is the largest offshore drilling and well drilling company in the world, and owns 61 rigs, including 45 offshore jackup rigs , 11 drillships , and 5 semi-submersible platform drilling rigs. 85 billion of debt was listed in the company's bankruptcy petition. Offshore driller Valaris has unveiled several new short-term contract awards in its latest fleet status update. Houston TX 77057. Valaris Ltd is an offshore contract drilling company. The plan will enable Valaris to eliminate $7. has let a contract to Valaris PLC for a 16-well program offshore Australia to begin first-half 2022. Take Virtual Rig Tour. The company owns a fleet -- the second largest in the industry -- of about 75 offshore rigs, including 50 jack-ups, 10 semisubmersibles (drilling in up to 10,000 feet of water), and around 15 drillships. It owns an offshore drilling rig fleet with drilling operations in offshore market across continents. Views: 15525: Published: 16. The contract was awarded by Esso Exploration Angola, an affiliate of. Drilling contractor Valaris has started modifying and upgrading some of its rig fleet to reduce emissions, identifying such investments as the focus of its near-term sustainability effort. Woodside lets drilling contract to Valaris. For more than 30 years, we have focused on operating safely and exceeding customer expectations. Views: 15525: Published: 16. The 50/50 joint venture marks a major milestone towards the development of a competitive Saudi energy sector, as encapsulated in Saudi. On August 2, 2021, Valaris Ltd. Our diverse rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups is capable of meeting a wide spectrum of. Offshore drilling company Valaris has won a contract with oil firm TAQA offshore the Netherlands for Valaris JU-123 offshore drilling rig. 1 billion of existing debt and provide the offshore drilling contractor with a $520 million capital injection via the issuance of a $550 million. 2021-5-21 · Offshore drilling firm Valaris has secured a contract with W&T Offshore for its jackup rig VALARIS JU-117 in the U. The following table summarizes our and ARO's offshore drilling rigs as of September 30, 2021 and 2020: 2021 2020 Floaters 16 16 Jackups(1) 33 36 Other(2) 8 9 Held-for-sale(1)(2)(3) 2 3 Total Valaris 59 64 Valaris - Under construction(4) 2 2 ARO(5) 7 7 ARO - Under construction (6) 2 2 (1)During the second quarter of 2021, we sold VALARIS 101. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin. 2021: Author: butsumono. Our proven record enables customers to focus on reservoir life cycle management while our crews manage drilling performance. Valaris Ltd. Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. View All Zacks #1 Ranked Stocks. The plan will enable Valaris to eliminate $7. The following table summarizes our and ARO's offshore drilling rigs as of September 30, 2021 and 2020: 2021 2020 Floaters 16 16 Jackups(1) 33 36 Other(2) 8 9 Held-for-sale(1)(2)(3) 2 3 Total Valaris 59 64 Valaris - Under construction(4) 2 2 ARO(5) 7 7 ARO - Under construction (6) 2 2 (1)During the second quarter of 2021, we sold VALARIS 101. Its rig fleet comprise deepwater drillships. The company is positioned for long-term growth and is the right choice for goal-oriented individuals looking for. com Valaris was created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company …. The Valaris principles are centered around safety, employee development, operational excellence, customer satisfaction, and a goal of zero-incident workplace, are what make our company a positive environment in which to work. Valaris was founded in 1998. Our diverse rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups is capable of meeting a wide spectrum of. At Valaris, our core purpose is to provide responsible solutions that deliver energy to the world. Valaris Reliance(VALARIS DS-17) Type: Drillship. 21 at 09:07. HR Valaris Service Center (HR VSC) is the first point of contact for HR assistance. Trades from $ 1. HAMILTON, Bermuda-- (BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") announced today that it has been awarded a contract with TAQA offshore the Netherlands for VALARIS JU-123, a heavy-duty harsh environment jackup. Published: 02. United States. 85 billion of debt was listed in the company's bankruptcy petition. Valaris plc is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in the UK. 2021: Author: chisurise. HAMILTON, Bermuda, November 02, 2021--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported third quarter 2021 results. Valaris 5847 San Felipe St Houston, TX Oil Well Drilling - MapQuest. It provides offshore drilling services across all water depths and geographies. Valaris 5847 San Felipe St Houston, TX Oil Well Drilling - MapQuest. Valaris plc – Offshore Drilling Contractor Emerges from Bankruptcy as of April 30th Minus $7. View All Zacks #1 Ranked Stocks. HAMILTON, Bermuda, November 02, 2021--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported third quarter 2021 results. Our diverse rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups is capable of meeting a wide spectrum of customers’ well program requirements. Our diverse rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups is capable of meeting a wide spectrum of. The company has secured a contract from Eni to carry out plug and. ARO Drilling (Saudi Aramco Rowan Offshore Drilling Company) is a joint venture between Saudi Aramco, the world's largest oil and gas company, and Valaris, an industry-leading, global drilling contractor. That seems like a lot of money, but in the grand scheme of things it is a small amount to pay for the chance to bring back those rigs in operations and earn billions in revenue going forward. 2021: Author: chisurise. The company is positioned for long-term growth and is the right choice for goal-oriented individuals looking for. Woodside Petroleum Ltd. It operates its through the following segments: Floaters, Jackups and Others. The Valaris fleet of 18 cold stacked rigs today cost the company ~$60 million per year (~$9,000 per rig per day). About Valaris Drilling Company. VALARIS 142 has been sold to an operator and can only be utilized on specific assets. The contract for the heavy-duty harsh environment jack-up rig is expected to start in the fourth quarter of 2021. com Valaris was created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company …. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles, and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin. The Jackups segment offers contract drilling service. As for the outgoing CFO Baksht, the Valaris Board of Directors has appointed Darin Gibbins, the Company's Vice President - Investor Relations and Treasurer, as interim Chief Financial Officer effective. It later changed its named to. 85 billion of debt was listed in the company's bankruptcy petition. Valaris brings energy to the world as a global provider of offshore drilling services to the petroleum industry. The contract will cover plug and abandonment operations at the Enfield. The Jackups segment offers contract drilling service. It owns an offshore drilling rig fleet. Under the restructuring proposal, Valaris would cancel several shares while swapping equity for its revolving credit facility and unsecured notes. We are a proud supporter of sustainable development for the oil and gas industry. W&T Offshore Awards GoM Drilling Contract to Valaris. The plan will enable Valaris to eliminate $7. engages in drilling of oil and gas wells. Valaris was founded in 1998. The 50/50 joint venture marks a major milestone towards the development of a competitive Saudi energy sector, as encapsulated in Saudi. Valaris was created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company in the world. 2021: Author: butsumono. Houston TX 77057. Valaris is committed to providing responsible solutions that optimally balance environmental, social, economic, and energy needs for society. ARO Drilling (Saudi Aramco Rowan Offshore Drilling Company) is a joint venture between Saudi Aramco, the world's largest oil and gas company, and Valaris, an industry-leading, global drilling contractor. Offshore driller Valaris has sent three drillships, all less than ten-years-old, to the scrapyard amid continued uncertainty in the offshore market. Views: 23448: Published: 13. Valaris Reliance(VALARIS DS-17) Type: Drillship. Valaris Limited (VAL) Quote Overview » More Research » Valaris Limited (VAL) Full. On August 2, 2021, Valaris Ltd. The 50/50 joint venture marks a major milestone towards the development of a competitive Saudi energy sector, as encapsulated in Saudi. According to Clarksons, the company has sold. Under the restructuring proposal, Valaris would cancel several shares while swapping equity for its revolving credit facility and unsecured notes. ARO Drilling (Saudi Aramco Rowan Offshore Drilling Company) is a joint venture between Saudi Aramco, the world's largest oil and gas company, and Valaris, an industry-leading, global drilling contractor. Valaris Announces Jackup Contract Awards. 2021: Author: chisurise. The contract is expected to commence late in the first quarter or early in the second quarter of 2022 with an estimated duration of 300 days. It owns an offshore drilling rig fleet. VALARIS Norway awarded a contract for accommodation work with Harbour Energy in the UK North Sea. The company has secured a contract from Eni to carry out plug and. Valaris is pleased to announce that Alex Reyna, Latin America Sales & Marketing Manager, will be a panelist in the offshore drilling session at Shallow and Deepwater Mexico on Thursday, October 14th. The Company provides offshore contract drilling services to the international oil and gas industry. The Valaris principles are centered around safety, employee development, operational excellence, customer satisfaction, and a goal of zero-incident workplace, are what make our company a positive environment in which to work. About Valaris Drilling Company. Valaris Drilling Job Vacancies. The following table summarizes our and ARO's offshore drilling rigs as of September 30, 2021 and 2020: 2021 2020 Floaters 16 16 Jackups(1) 33 36 Other(2) 8 9 Held-for-sale(1)(2)(3) 2 3 Total Valaris 59 64 Valaris - Under construction(4) 2 2 ARO(5) 7 7 ARO - Under construction (6) 2 2 (1)During the second quarter of 2021, we sold VALARIS 101. Offshore drilling company Valaris has won a contract with oil firm TAQA offshore the Netherlands for Valaris JU-123 offshore drilling rig. W&T Offshore Awards GoM Drilling Contract to Valaris. The company is positioned for long-term growth and is the right choice for goal-oriented individuals looking for. Company Description: Ensco, now known as Valaris plc, is well ensconced as a leading offshore drilling contractor for the petroleum industry. The company has secured a contract from Eni to carry out plug and. Valaris was founded in 1998. Design: GustoMSC P10,000 Water Depth: Ultra-Deepwater: 7,500' + Region: North and South America Special Capabilities: MPD Equipped. HR Valaris Service Center (HR VSC) is the first point of contact for HR assistance. Valaris Announces Jackup Contract Awards. Valaris Plc is created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company in the world. Valaris Limited Fleet Status Report August 2, 2021 (4) Fleet Status. Valaris is headquartered in London, United Kingdom and has 9 office locations across 7 countries. VALARIS 142 has been sold to an operator and can only be utilized on specific assets.