Valaris Secures New Contracts and Extensions Worth Approximately $220 Million
VAL Valaris Ltd
$81.85 -0.18%
View chart & analysis → - 1Valaris has secured new contracts and extensions worth approximately $220 million in Suriname, Australia, and the North Sea.
- 2VALARIS 107 secured a contract of approximately 300 days worth approximately $50 million offshore in Australia.
- 3A Valaris jackup won a 341-day warm suspension contract worth approximately $41.5 million in the Southern North Sea.
So what's the key point?
Valaris has won new work worth approximately $220 million across several regions. This means the company will earn money by leasing out equipment to be used for offshore operations.
Source Oilprice.com · View original ↗
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