Valaris secures three-year rig contract with North Oil company – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

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Valaris secures three-year rig contract with North Oil company

Bermudian-based Valaris Ltd, the offshore drilling services outfit, has been awarded a three-year contract with North Oil Company offshore Qatar.

The company said the contract is for Valaris JU-110, a heavy-duty modern jack-up.

Valaris said the contract is anticipated to begin in the fourth quarter of 2021.

The company operates a diverse rig fleet of 11 ultra-deepwater drillships, five semi-submersibles and 44 shallow-water jack-ups across six continents.

New contract: Valaris Ltd has secured a three-year contract for one of its heavy-duty modern jack-ups (File photograph)

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Published June 23, 2021 at 12:03 pm (Updated June 23, 2021 at 12:05 pm)

Valaris secures three-year rig contract with North Oil company

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