Three new contracts for versatile Valaris – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

Log In

Reset Password
BERMUDA | RSS PODCAST

Three new contracts for versatile Valaris

Bermuda-based Valaris Ltd, the offshore drilling services company, has been awarded three jack-up contracts.

Valaris said that a contract with TAQA offshore the Netherlands for Valaris JU-123, a heavy-duty harsh-environment jack-up, is expected to begin in the fourth quarter of 2021 with an estimated minimum duration of 60 days.

The rig has also been awarded a one-well contract with Cairn Energy in the UK North Sea. The contract is expected to commence in the second quarter of 2022 with an estimated duration of 72 days.

Valaris said that it has also been awarded a one-well contract with Carnarvon Petroleum offshore Timor-Leste for Valaris JU-107, a heavy-duty modern jack-up. The contract is expected to start in the fourth quarter of 2021 with an estimated duration of 30 days.

The company said that it is the industry leader in offshore drilling services across all water depths and geographies.

Operating a high-quality rig fleet of ultra-deepwater drill ships, versatile semi-submersibles and modern shallow-water jack-ups, Valaris said that it has experience operating in nearly every significant offshore basin.

Valaris Ltd: the offshore drilling services company has been awarded three contracts (File photograph)

You must be registered or signed-in to post comment or to vote.

Published September 21, 2021 at 1:51 pm (Updated September 21, 2021 at 7:13 pm)

Three new contracts for versatile Valaris

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon