Valaris has been awarded two one-well contracts with subsidiaries of Murphy Oil Corp. for semisubmersible VALARIS DPS-5.
The first contract is in the US Gulf of Mexico and is expected to commence in 3Q22 with a minimum duration of 30 days. This contract has a one-well option with an estimated duration of 90 days. The second contract, offshore Mexico, will commence in direct continuation of the first contract and has an estimated duration of 60 days.
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