Valaris Announces Floater Contract Award

Author's Avatar
Jul 12, 2021

Valaris Limited (NYSE: VAL) announced today that it has been awarded a 16-well contract with Woodside offshore Australia for semisubmersible, VALARIS DPS-1. 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.