LONDON
--(BUSINESS WIRE)-- Valaris plc (NYSE: VAL) (“Valaris” or the “Company”) announced today new contracts and contract extensions, with associated revenue backlog of
$84 million
, awarded subsequent to filing the Company’s most recent fleet status report on
July 25, 2019
.
-
VALARIS 8505 (ENSCO 8505) contract with Eni offshore
Mexico
extended by three wells, with an estimated duration of 225 days from
February 2020
to
September 2020
-
VALARIS JU-290 (Rowan Viking) awarded a contract to provide accommodation services with Repsol offshore
Norway
that is expected to commence in
September 2019
, with an estimated duration of 130 days
-
VALARIS JU-248 (Rowan Gorilla VI) contract with Shell offshore
Trinidad
extended by one month from
September 2019
to
October 2019
-
VALARIS JU-247 (Rowan Gorilla V) contract with Total in the
North Sea
extended by eight months from
March 2020
to
November 2020
-
VALARIS JU-117 (
Ralph Coffman
) contract with an undisclosed operator offshore
Trinidad
extended by two wells, with an estimated duration of 60 days from
December 2019
to
February 2020
-
VALARIS JU-87 (ENSCO 87) awarded a one-well contract with
McMoRan Oil & Gas
in the
U.S.
Gulf of Mexico
that is expected to commence in
August 2019
, with an estimated duration of 30 days
Valaris plc (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. 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. With an unwavering commitment to safety and operational excellence, and a focus on technology and innovation, Valaris was rated first in total customer satisfaction in the latest independent survey by
EnergyPoint Research
- the ninth consecutive year that the Company has earned this distinction. Valaris plc is an English limited company (England No. 7023598) with its corporate headquarters located at 6
Chesterfield Gardens
,
London
W1J 5BQ. To learn more, visit our website at
www.valaris.com
.
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businesswire.com
:
https://www.businesswire.com/news/home/20190826005639/en/
Investor & Media Contacts:
Nick Georgas
Senior Director - Investor Relations and Communications
713-430-4607
Tim Richardson
Manager - Investor Relations
713-430-4490
Source: Valaris plc