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Valaris jackup trio wins $138m in contract extensions

Summary by Splash247
New York-listed offshore driller Valaris has been awarded contract extensions for three of its jackups. The company won a four-year contract extension for the 2015-built Valaris 110 jackup offshore Qatar. The contract extension is expected to begin in October 2025 in direct continuation of the existing contract. The contracted revenue backlog for the four-year extension …
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Splash247Splash247

Valaris jackup trio wins $138m in contract extensions

New York-listed offshore driller Valaris has been awarded contract extensions for three of its jackups. The company won a four-year contract extension for the 2015-built Valaris 110 jackup offshore Qatar. The contract extension is expected to begin in October 2025 in direct continuation of the existing contract. The contracted revenue backlog for the four-year extension …

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Splash247 broke the news in on Friday, July 25, 2025.
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