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Valaris

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Equinor Subsidiary Contracts Valaris Drillship Offshore Brazil

Valaris and Equinor Energy do Brasil’s multi-year contract is valued at approximately $498 million.

E&P Highlights: May 6, 2024

Here’s a roundup of the latest E&P headlines, including technology milestones and new contract awards.

Valaris’ 1Q Sets Positive Tone for Offshore

Coming out of first-quarter 2024, drilling contractor Valaris expects a sustained upcycle for the offshore drilling industry supported by demand growth, OPEC+ production cuts and supportive commodity prices.

Deepwater Roundup 2024: Offshore Australasia, Surrounding Areas

Projects in Australia and Asia are progressing in part two of Hart Energy's 2024 Deepwater Roundup. Deepwater projects in Vietnam and Australia look to yield high reserves, while a project offshore Malaysia looks to will be developed by an solar panel powered FPSO.  

Valaris Updates Fleet Status

The backlog of these contracts and extensions is valued at $1.2 billion.

E&P Highlights: Jan. 12, 2024

Here’s a roundup of the latest E&P headlines, including an SLB-Nabors collaboration and new contract awards.

E&P Highlights: Jan. 8, 2024

Here’s a roundup of the latest E&P headlines including the second biggest deepwater gas find of 2023 and new contract awards.

E&P Highlights: Oct. 30, 2023

Here’s a roundup of the latest E&P headlines, including the gas export concept solution for Goliat and subsea equipment delivered for Shenzi North.

Valaris to Offer Additional $350MM Senior Secured Notes Due 2030

Valaris and its wholly-owned subsidiary Valaris Finance Co. intend to offer an additional $350 million in aggregate principal amount 8.375% senior secured second lien notes due 2030.

E&P Highlights: July 31, 2023

Here’s a roundup of the latest E&P headlines including a gas find in Austria and a new contract award.

E&P Highlights: July 10, 2023

Here’s a roundup of the latest E&P headlines including progress redeveloping the Tyra Field  and new contract awards in the upstream oil and gas industry.

E&P Highlights: May 8, 2023

Here’s a roundup of the latest E&P headlines, including a major discovery in Turkey and a flurry of new contract awards.

E&P Highlights: March 13, 2023

Here’s a roundup of the latest E&P headlines including first gas offshore Egypt and FEED updates in the upstream oil and gas industry.

E&P Highlights: Feb. 23, 2023

Here’s a roundup of the latest E&P headlines, including NOPSEMA approval of the Dorado project offshore Western Australia and new contract awards in the upstream oil and gas industry.

E&P Highlights: Dec. 5, 2022

Here’s a roundup of the latest E&P headlines including field upgrade plans being approved and a development milestone for a Senegalese field from the past week in the upstream oil and gas industry.