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7 October 2026

Valaris adds $220m of new contracts and extensions

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Source reporting: Splash247

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Valaris adds $220m of new contracts and extensions

Offshore driller Valaris has secured a batch of new contracts and extensions, with an associated contract backlog of approximately $220m. The company won a contract with Petronas for the Valaris DS-18 drillship in Suriname. The contract, following a previously announced letter of award, is expected to commence in the fourth quarter of 2026 and run …

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