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Transocean to acquire Valaris in all stock transaction

Monday, February 9 2026

General – Shares

Transocean and Valaris today announced the signing of a definitive agreement to combine the two companies under which Transocean will acquire Valaris in an all stock transaction valued at approximately $5.8 billion.

[Read more…] about Transocean to acquire Valaris in all stock transaction

Filed Under: International projects, Share purchase, shareholder, sharing agreement, Transocean, Valaris Tagged With: shares, transaction, transocean, Valaris

Valaris announces multi-year contract for VALARIS DS-8

Friday, December 12 2025

Fossil Energy – Brazil

Valaris announced it has been awarded a multi-year contract with Shell offshore Brazil for drillship VALARIS DS-8.

[Read more…] about Valaris announces multi-year contract for VALARIS DS-8

Filed Under: Brazil, Drilling, drilling vessel, International projects, Shell, Valaris Tagged With: Brazil, drilling, drillship, Shell, Valaris

Valaris scores $190M new offshore drilling and wind contracts

Tuesday, October 28 2025

General – Contracts

Offshore drilling contractor Valaris has secured a series of new contracts and extensions worth about $190 million in the North Sea and Middle East regions, lifting its total contract backlog to $4.5 billion.

[Read more…] about Valaris scores $190M new offshore drilling and wind contracts

Filed Under: Contract, International News, Middle East, North Sea, offshore wind, Oil and Gas, Valaris Tagged With: Contracts, Middle East, north sea, Valaris

Contract award for drillship VALARIS DS-12

Tuesday, October 14 2025

Fossil Energy – Drilling

Valaris has been awarded a five-well contract with bp for drillship VALARIS DS-12 in Egypt.

[Read more…] about Contract award for drillship VALARIS DS-12

Filed Under: Drilling, drilling vessel, Egypt, International projects, Valaris Tagged With: drilling, drillship, egypt, Valaris

BW Energy takes ownership of jack up for conversion

Friday, September 5 2025

General – Ownership

BW Energy has taken over ownership of jack up Valaris 247.

[Read more…] about BW Energy takes ownership of jack up for conversion

Filed Under: BW Energy, conversions, Drilling, drilling rig, International News, Jack up, ownership, Valaris Tagged With: BW Energy, Conversion, drilling, jack up, ownership, Valaris

Valaris secures work with Oxy for two drillships

Tuesday, July 8 2025

Fossil Energy – Drilling

Valaris has been awarded multi-year contracts for two drillships in the US Gulf by Occidental (Oxy) subsidiary Anadarko Petroleum Corporation.

[Read more…] about Valaris secures work with Oxy for two drillships

Filed Under: Contract, Drilling, drillship, International News, Occidental, Valaris Tagged With: Contracts, drilling, drillships, Occidental, Valaris

Sale of jack up VALARIS 247 $108 million

Tuesday, May 6 2025

Fossil Energy – Drilling

Valaris has agreed to sell the jack-up VALARIS 247 to BW Energy for approximately $108 million in cash.

[Read more…] about Sale of jack up VALARIS 247 $108 million

Filed Under: Drilling, drilling rig, International projects, Oil and Gas, sale, Valaris Tagged With: drilling, Oil and Gas, Sale, Valaris

Contract award for drillship VALARIS DS-15

Monday, May 5 2025

Fossil Energy – Drilling

Valaris announced today that it has been awarded a five-well contract offshore West Africa for drillship VALARIS DS-15.

[Read more…] about Contract award for drillship VALARIS DS-15

Filed Under: Contract, Drilling, drillship, International projects, Valaris, West Africa Tagged With: contract, drilling, drillship, Valaris, West Africa

Valaris announces two-year contract for VALARIS DS-10

Tuesday, April 1 2025

Fossil Energy – Drilling

Valaris announced today that it has been awarded a two-year contract offshore West Africa for drillship VALARIS DS-10 that is expected to commence late in the second quarter or the third quarter 2026.

[Read more…] about Valaris announces two-year contract for VALARIS DS-10

Filed Under: Drilling, drillship, International projects, Valaris, West Africa Tagged With: drilling, drillship, Valaris, West Africa

Valaris to retire three semisubs from global fleet

Thursday, February 20 2025

General – Retirement

Bermuda-based drilling contractor Valaris has decided to retire three semi-submersible rigs from its global fleet and focus on high-specification units, as announced in a press release.

[Read more…] about Valaris to retire three semisubs from global fleet

Filed Under: drilling rig, International projects, retirement, Semisub, Valaris Tagged With: retirement, semisub, Valaris

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