Valaris Stock: Jackup Sale To ADES Is Great News (NYSE:VAL)
Valaris to sell 2 cold-stacked jackup rigs to ADES for proceeds of $125 million. Investors should continue to prefer restructured offshore drillers like VAL.
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Valaris to sell 2 cold-stacked jackup rigs to ADES for proceeds of $125 million. Investors should continue to prefer restructured offshore drillers like VAL.
Offshore rig owner Valaris has sold two jack-up rigs to a subsidiary of the UAE-based operator ADES International Holding.
Seadrill Limited has announced a new ten-well contract with options for up to eight additional wells for one of its drillships in Angola.
Seadrill Limited has announced a new ten-well contract with options for up to eight additional wells for one of its drillships in Angola.
Offshore drilling contractor Seadrill Limited has appointed Simon Johnson, former CEO of Borr Drilling, as its new President…