Valaris hauls in sixteen new contracts and extensions

The now restructured and debt-relieved offshore drilling contractor Valaris has been awarded sixteen new contracts and extensions with more than a dozen different oil and gas companies.

In its latest fleet status report, the offshore driller said that its 2014-built drillship Valaris DS-15 (Renaissance) was awarded a contract with Total offshore Brazil with an expected duration of 400 days with a start date in June 2021. The deal is supposed to end in August next year.

Several other drillships snatched deals with supermajors. The Valaris DS-18 (Relentless) was hired by Chevron to work in the Gulf of Mexico for approximately 320 days – from March 2021 to January 2022.

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