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Valaris Limited announced today that it has been awarded a 1,064-day contract for drillship VALARIS DS-4 with Petrobras offshore Brazil following a competitive bidding process. Based on the firm...
Offshore drilling company Valaris has secured a multi-year contract for drillship VALARIS DS-4 with Petrobras offshore Brazil…
Valaris Ltd (NYSE: VAL) won a 1,064-day contract for drillship VALARIS DS-4 from Petroleo Brasileiro S.A.- Petrobras (NYSE: PBR) offshore Brazil for around $519 million, including mobilization fees <
Petrobras will keep Valaris' DS-4 for another few years, booking in to keep the rig at a day rate double the current price.
Valaris has expanded its drillship fleet to 13 units.