Valaris Limited, the Bermudian-based offshore drilling company, has been awarded new contracts and contract extensions with expected associated contract backlog to the company of approximately $275 million.
The contract backlog excludes lump sum payments such as mobilisation fees and capital reimbursements.
Valaris said the new deals include:
The new deals include contracts secured for Aro Drilling, its 50/50 joint venture with Saudi Aramco, the Saudi Arabian public petroleum and natural gas company based in Dhahran:
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