Energy & Petrochemicals #valaris#offshore drilling
Valaris Lands New Contracts as Backlog Reaches $4.6bn
Offshore driller Valaris boosted its contract backlog to $4.6bn after securing a batch of new deals and extensions, according to Splash247. The new contracts and extensions add around $160m to the backlog, including a 1,080-day plug and abandonment contract for the Valaris 248 jackup and a postponed Occidental drillship contract in the Gulf of Mexico.
Aug 6, 2026 1 source