/PRNewswire/ Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") announced today that it has published a new investor presentation. This presentation.
Valaris Limited Announces Jackup Contract Award
News provided by
Share this article
Share this article
HAMILTON, Bermuda, May 19, 2021 /PRNewswire/ Valaris Limited (NYSE: VAL) announced today that it has been awarded a contract of approximately 45 days with W&T Offshore in the U.S. Gulf of Mexico for VALARIS JU-117 (Ralph Coffman), a heavy-duty modern jackup. The contract is anticipated to begin in July 2021.
About Valaris Limited
Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin. Valaris maintains an unwavering commitment to safety, operational excellence, and customer satisfaction, with a focus on technology and innovation. Valaris Limited is a Bermuda exempted company (Bermuda No. 56245). To learn more, visit
Valaris Limited Announces Jackup Contract Extension
News provided by
Share this article
Share this article
HAMILTON, Bermuda, May 10, 2021 /PRNewswire/ Valaris Limited (NYSE: VAL) announced today that it has been awarded a contract extension of approximately 240 days with Mubadala Petroleum Thailand offshore Thailand for VALARIS JU-115, a heavy-duty modern jackup. The extension is anticipated to begin in the first quarter of 2022 and, as a result, the VALARIS JU-115 is now expected to be under contract through September 2022.
About Valaris Limited
Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin. Valaris maintains an unwavering commitment to safety, operational excellence, and customer satisfaction, with a focu
Valaris plc Reports First Quarter 2021 Results
News provided by
Share this article
Share this article
LONDON, April 28, 2021 /PRNewswire/ Valaris plc ( Valaris or the Company ) today reported a net loss attributable to the Company of $910 million, or $4.56 per share, for the first quarter 2021 compared to a net loss of $71 million, or $0.36 per share, in the fourth quarter 2020. The Company reported adjusted EBITDA of $28 million in the first quarter 2021 compared to negative $10 million in the fourth quarter 2020, and an adjusted loss of $0.39 per share in the first quarter 2021 versus an adjusted loss of $0.65 per share in the prior quarter.
Chief Executive Officer and President Tom Burke said, This month marks two years since the Valaris merger. We successfully integrated the two predecessor companies during this period, then subsequently transformed our Company to improve its service delivery capabilities and cost structure. As a result of these efforts, Valaris now
Valaris Receives Court Approval of Chapter 11 Plan of Reorganization law.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law.com Daily Mail and Mail on Sunday newspapers.