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Valaris adds on more work with recent fleet status update

Rig Lynx
  • By Rig Lynx
  • Feb 22, 2023
  • Category : Archives
  • Views : 726

 

Floaters

 

330-day priced option exercised by Shell Nigeria Exploration and Production Company (SNEPCo) offshore Nigeria for drillship VALARIS DS-10. Following the exercise of this option, the rig is under contract through March 2024. The operating day rate for the option period is $231,000.

 

Jackups

 

One-year contract with an undisclosed operator offshore Trinidad for heavy duty ultra-harsh environment jackup VALARIS 249. The contract is expected to commence late in second quarter or early in third quarter 2023. The operating day rate is $125,000. We will receive a mobilization fee of $8.5 million, plus a daily rate of $64,000 while the rig is in transit from New Zealand to Trinidad.

 

One-well option exercised by Eni offshore Australia for heavy duty modern jackup VALARIS 107. The option period commenced in February 2023 in direct continuation of the existing contract. The operating day rate for the option period is $126,500. ARO Drilling.

 

Five-year contract offshore Saudi Arabia for standard duty modern jackup VALARIS 76. The contract is expected to commence in first quarter 2024. Valaris will bareboat charter VALARIS 76 to ARO.

 

Three-year contract offshore Saudi Arabia for heavy duty modern jackup VALARIS 108. The contract is expected to commence in third quarter 2023. Valaris will bareboat charter VALARIS 108 to ARO.

 

Source: Valaris

 

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