The drillship Valaris DS-16 acquired a 940-day contract extension that may begin in June 2026. The drillship Valaris DS-18 was awarded a brand new 914-day contract, which is anticipated to begin within the mid-fourth quarter of 2026.
Anton Dibowitz, President and Chief Government Officer of Valaris, said that the corporate has secured roughly $1.9 billion in new contract backlog thus far this 12 months. He famous that the corporate stays centered on securing further long-term contracts for its high-specification belongings.
In keeping with info from Valaris, it presently operates a fleet of 13 drillships, 5 semi-submersibles, 35 jackups and two deepwater managed models.
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