Monday, August 4, 2025
Valaris secures multi-year contract for drillships in U.S. Gulf- oil and gas 360

Valaris secures multi-year contract for drillships in U.S. Gulf

(World Oil)– Valaris Limited has been awarded a 940-day contract extension for drillship VALARIS DS-16, starting in June 2026, and a new 914-day contract for drillship VALARIS DS-18, the company announced Monday. The contract is expected to start in mid-fourth quarter 2026, with Anadarko Petroleum Corporation, a wholly-owned subsidiary of Occidental, in the Gulf of America/Gulf of Mexico. The combined