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NEWS |
Ship adrift in high winds sparks rescue operation
Power has been restored to a drilling vessel which broke free from its moorings off the North Ayrshire coast.
NEWS |
BP starts drilling Platina field offshore Angola
Oil major BP has begun drilling on the Platina field in Block 18 offshore Angola using Valaris’ DS-12 drillship.
NEWS |
Valaris gains access to additional liquidity
Offshore drilling contractor Valaris has executed a new term loan credit agreement, gaining access to additional liquidity as it is working through its Chapter 11 bankruptcy process.
NEWS |
Valaris files for Chapter 11 restructuring
Valaris has entered into a binding Restructuring Support Agreement (RSA) and Backstop Commitment Agreement (BCA) with approximately 50% of its noteholders.
NEWS |
ConocoPhillips gets safety nod to use Valaris rig for Ekofisk wells
ConocoPhillips has received consent from the Norwegian offshore safety watchdog, Petroleum Safety Authority (PSA), to use the Rowan Norway rig (Valaris JU-292) on the Ekofisk field offshore Norway.
NEWS |
Transocean: 2019 Marked Beginning of Offshore Sector's Recovery
Valaris, the offshore drilling company formed by the merger of Ensco and Rowan, reported Thursday that it recorded a loss of $215 million in the fourth quarter of 2019 - about the same as the loss it (...)
NEWS |
Valaris and Saudi Aramco JV orders newbuild jack-up rigs
ARO Drilling, a 50:50 joint venture (JV) between offshore drilling contractor Valaris and state-owned oil firm Saudi Aramco, has ordered two newbuild jackup rigs.
NEWS |
Drilling Rig Contract Awarded For Seagull Project
Neptune Energy and its joint venture partners BP and JAPEX recently announced Valaris plc has been awarded a contract to provide a heavy-duty jack-up drilling rig for the Seagull development oil proje (...)
NEWS |
Neptune Energy taps Valaris jackup for Seagull development
Neptune Energy and its joint venture partners BP and JAPEX announced Valaris has been awarded a contract to provide a heavy-duty jack-up drilling rig for the Seagull development oil project in the UK (...)
NEWS |
Ensco Rowan changes name to Valaris
The newly merged offshore driller Ensco Rowan said it will change its name to Valaris as the London-based firm charts a new path.
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