Valaris Limited (“Valaris” or the “Company”) announced today new contracts and contract extensions, with associated contract backlog of $149 million, awarded subsequent to issuing the Company’s most recent fleet status report on July 28, 2022. Contract backlog excludes lump sum payments such as mobilization fees and capital reimbursements.
About Valaris Limited
Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin. Valaris maintains an unwavering commitment to safety, operational excellence, and customer satisfaction, with a focus on technology and innovation. Valaris Limited is a Bermuda exempted company (Bermuda No. 56245). To learn more, visit our website at www.valaris.com.
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