- Four-year contract with Brunei Shell Petroleum Sdn. Bhd. offshore Brunei for heavy duty modern jackup VALARIS 115. The contract is expected to commence in April 2023 and has a total contract value of approximately $159 million.
Valaris JU-115
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escveritas
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Valaris JU-115
HAMILTON, Bermuda--(BUSINESS WIRE)-- Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today new contracts and contract extensions, with associated contract backlog of $466 million, awarded subsequent to issuing the Company’s most recent fleet status report on May 2, 2022. Contract backlog excludes lump sum payments such as mobilization fees and capital reimbursements.
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escveritas
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Re: Valaris JU-115
8 April 2023
Valaris has announced that the VALARIS JU-115 is now en route to Brunei to begin operations for Brunei Shell Petroleum! After departing the shipyard on March 31st, the rig is expected to arrive in Brunei after an estimated 10-day voyage, which afterwards, the rigis set to begin its contract later this month.
Valaris has announced that the VALARIS JU-115 is now en route to Brunei to begin operations for Brunei Shell Petroleum! After departing the shipyard on March 31st, the rig is expected to arrive in Brunei after an estimated 10-day voyage, which afterwards, the rigis set to begin its contract later this month.
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