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3 November 2026

Valaris keeps rigs busy with latest contracting spree

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Source reporting: Splash247

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Valaris keeps rigs busy with latest contracting spree

Offshore drilling company Valaris has racked up $600m in new contracts and extensions, led by a $290m deal with BP in the US Gulf of Mexico and a string of fresh drilling awards across its global fleet, pushing its total contracted backlog to around $4. 8bn. The company has won two drillship contracts since it announced …

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