Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. Hamilton, Bermuda, May 1, 2023 Valaris Limited (NYSE: VAL) (Valaris or the Company) today issued a Fleet Status Report that provides the current status of the Companys fleet of offshore drilling rigs along with certain contract information for these assets. Bhd. Valaris maintains an unwavering commitment to safety, operational excellence, and customer satisfaction, with a focus on technology and innovation. Valaris Limited (NYSE: VAL) (Valaris or the Company) today issued a Fleet Status Report that provides the current status of the Companys fleet of offshore drilling rigs along with certain contract information for these assets. +1-713-979-4623, Tim Richardson Valaris Limited is a Bermuda exempted company (Bermuda No. Floater Fleet Contract Status Rig name Design Built Rated water depth (ft.) Location Operator Start Date End Date Dayrate Comments Noble Valiant Samsung 96K 2014 12,000 Suriname TotalEnergies Sep-22 May-23 $243,000 Dayrate includes integrated services and MPD. Valaris Limited (NYSE: VAL) (Valaris) and its wholly-owned subsidiary, Valaris Finance Company LLC, today announced the closing of their private placement (the Offering) under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the Securities Act), of $700 million in aggregate principal amount of 8.375% Senior We have now won contracts for five stacked floaters since the middle of last year, with three already on rate and the fourth expected to commence work soon, and we retain additional operating leverage to the improving market with eleven high-quality stacked rigs, including three uncontracted drillships, and options on two additional newbuild drillships.. Fleet Status Report Valaris Limited (NYSE: VAL) (Valaris” or the Company”) today issued a Fleet Status Report that provides the current status of the Company’s fleet of offshore drilling rigs along with certain contract information for these assets. WebThe above contains forward-looking statements about the business, financial condition and prospects of Noble Corporation. recent Fleet Status Report, which provides details on contracts across our rig fleet. +1-713-979-4619. The Fleet Status Report can be found on the "Investors" section of the Companys website www.valaris.com. Valaris WebValaris plc Fleet Status Report April 22, 2020 then expected to return to full day rate until end of contract in January 2023. By using this site, you are agreeing to security monitoring and auditing. HAMILTON, Bermuda--(BUSINESS WIRE)-- The contract is expected to commence in April 2023 and has a total contract value of approximately $159 million. Valaris plc (NYSE: VAL) (Valaris or the Company) today issued a quarterly Fleet Status Report that provides the current status of the Companys fleet of offshore drilling rigs along with certain contract information for these assets. Within its latest fleet status report on Wednesday, 2 August 2023, Valaris disclosed a series of new contract awards for its rig fleet, which were obtained after its previous fleet status report from May 2023, when the firm revealed contracts and extensions with an associated contract backlog of approximately $820 million, which Valaris Such statements are subject to numerous risks, uncertainties and assumptions that may cause actual results to vary materially from those indicated, including the Companys liquidity and ability to access financing sources, debt restrictions that may limit our liquidity and flexibility, the COVID19 outbreak and global pandemic, the related public health measures implemented by governments worldwide, the volatility in oil prices caused in part by the COVID-19 pandemic and the decisions by certain oil producers to reduce export prices and increase oil production, and cancellation, suspension, renegotiation or termination of drilling contracts and programs. This naming convention applies to all Valaris jackups, except for VALARIS Viking, Stavanger and Norway. Fleet Status Report; Stock Information. Valaris Limited is a Bermuda exempted company (Bermuda No. HAMILTON, Bermuda Valaris Limited (NYSE: VAL) (Valaris or the Company) announced today new contracts and contract extensions, with associated contract backlog of approximately $150 million, awarded subsequent to issuing the Companys most recent fleet status report on May 1, 2023.Contract backlog The day rates reflected in this Fleet Status Report are stated Vice President - Investor Relations and Treasurer 02/21/2022. Amended Statement of Beneficial Ownership. Valaris Limited (NYSE: VAL) (Valaris or the Company) today issued a Fleet Status Report that provides the current status of the Companys fleet of offshore drilling rigs along with certain contract information for these assets. The contract is expected to commence in September 2023 and has a minimum duration of 110 days. Floaters. 540-day contract with Equinor offshore Brazil for drillship VALARIS DS-17. October 27, 2021. Fleet Status Report Press Release For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. View source version on businesswire.com: Valaris By using this site, you are agreeing to security monitoring and auditing. Valaris The Fleet Status Report can be found on the Investors section of the Companys website www.valaris.com. Valaris Announces Contract Awards and Fleet Status Valaris - Valaris Provides Quarterly Fleet Status Report See. (3) Heavy duty jackups are well-suited for operations in tropical revolving storm areas. According to Valaris fleet status report, after completing its contract with Western Gas in July, the 2011-built MS-1 is contracted to Santos, starting this month until October 2023. One-well contract extension with Woodside offshore Australia for semisubmersible VALARIS DPS-1. Valaris The term is expected to run until Aug 2023 and thereafter will resume its contract with Beacon and is expected to run through Feb 2024. The rig will be reactivated for this contract. https://www.businesswire.com/news/home/20230801933955/en/, Valaris Prices Upsized Offering of 2030 Notes Totaling $400 Million, Adding on to $700 Million Notes From April, Top Lazard restructuring banker Kurtz departs for Hilco, Valaris Limited and Valaris Finance Company LLC Announces $350 Million Private Placement of Additional 8.375% Senior Secured Second Lien Notes Due 2030, Barclays Adjusts Valaris Price Target to $84 From $80, Maintains Equal Weight Rating, Valaris Limited Provides Earnings Guidance for the Third Quarter and Full Year of 2023, Transcript : Valaris Limited, Q2 2023 Earnings Call, Aug 02, 2023. Valaris maintains an unwavering commitment to safety, operational excellence, and customer satisfaction, with a focus on technology and innovation. Each forward-looking statement speaks only as of the date of the particular statement and we undertake no obligation to update or revise any forward-looking statements, except as required by law. The Fleet Status Report 2023 Valaris Valaris Limited is an offshore contract drilling company. The one-well extension has an estimated duration of 60 days and will be executed within Woodsides Scarborough development campaign sequence. Valaris Limited Cookies are used to offer you a better browsing experience and to analyze our traffic. For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users. We will not release or resell your information to third parties without your permission. Please declare your traffic by updating your user agent to include company specific information. Copyright 2023 Surperformance. 06/08/2023. WebQ2 2021 contract backlog is as of August 2, 2021, being the filing date of our most recent fleet status report. July 5, 2023 - 8:30 am. Valaris : LimitedFleet Status ReportJanuary 12, 2023 - Form 8-K WebFleet Status Report; Stock Information. Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users. INEOS subsequently exercisedthe option for an additional 65-75 days extension. To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. Contract drilling expense is expected to increase by approximately $60 million to $1.49 billion to $1.59 billion. WebThe contract is expected to commence in third quarter 2023. Valaris May 01, 2023 at 10:29 pm. SEC.gov Jan 12, 2023 9:50pm EST HAMILTON, Bermuda -- (BUSINESS WIRE)-- Valaris Limited (NYSE: VAL) (Valaris or the Company) today issued a Fleet Status The contract is expected to commence in the fourth quarter 2022. WebThe contract is expected to commence in third quarter 2023. Investor & Media Contacts: Managements Discussion and Analysis of Financial Condition and Results of Operations in Part II of our most recent annual report on Form 10-K, which is available on the Securities and Exchange Commissions website at www.sec.gov or on the Investor Relations section of our website at www.valaris.com. Darin Gibbins Contract backlog excludes lump sum payments The contract is expected to commence in early to mid-2024 and has an estimated duration of 100 days. China Fears over Rare Earths Processing? Press Release HAMILTON, Bermuda--(BUSINESS WIRE)-- 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 Limited (NYSE: VAL) (Valaris or the Company) today issued a Fleet Status Report that provides the current status of the Valaris maintains an unwavering commitment to safety, operational excellence, and customer satisfaction, with a focus on technology and innovation. WebWhat We Do. Matt Lyne. 56245). 2023 Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Valaris Limited (NYSE: VAL) (Valaris or the Company) announced today new contracts and contract extensions, with associated contract backlog of $181 million, awarded subsequent to issuing the Companys most recent fleet status report on February 21, 2022. Fleet Status Report. Risk Factors in Part I and Item 7. 56245). To learn more, visit our website at www.valaris.com. Vela Commenced operations with bp in the GOM in Apr 2023. Please go to the link in the email message to retrieve your password. Director - Investor Relations Valaris maintains an unwavering commitment to safety, operational excellence, and customer satisfaction, with a focus on technology and innovation. VALARIS Valaris Limited (NYSE: VAL) (Valaris or the Company) today issued a Fleet Status Report that provides the current status of the Companys fleet of offshore drilling rigs along with certain contract information for these assets. President and Chief Executive Officer Anton Dibowitz said, We continue to see a constructive outlook for the offshore drilling industry as evidenced by these recent contract awards for both floaters and jackups across several geographies., Dibowitz added, We are particularly pleased to have been awarded another contract for one of our preservation stacked drillships, VALARIS DS-17, and look forward to partnering with Equinor on their flagship Bacalhau project in Brazil. Fleet Status Report HAMILTON, Bermuda-- (BUSINESS WIRE)-- Valaris Limited (NYSE: VAL) (Valaris or the Company) today issued a quarterly Fleet Status Report that provides Darin Gibbins Financial Market Data powered by Refinitiv. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. Not included in Valaris' fleet count. The total contract value is approximately $22 million. 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. Press Release Valaris Limited has reported First Quarter 2023 results and issued a Quarterly Fleet Status Report that provides the current status of the Companys fleet of offshore drilling rigs along with certain contract information for these assets. About Valaris Limited Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depth. HAMILTON , Bermuda-- (BUSINESS WIRE)-- Valaris Limited (NYSE: VAL) (Valaris Valaris Provides Fleet Status Report - Yahoo Finance The Fleet Status Report can be found on the "Investors" section of the Companys website www.valaris.com. Risk Factors in Part I and Item 7. Valaris Limited announced new contracts awarded subsequent to issuing the Companys most recent fleet status report on February 21, 2023. Forward-looking statements include words or phrases such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "project," "could," "may," "might," should, will and similar words. If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. Drillships DesignYear DeliveredCustomerLocationContract Start DateContract End Date(1)Day Rate(2) Stacked VALARIS DS-11DSME 12000 2013 Spain Purchase The Company also announced that it is increasing its 2023 share WebAs announced in our most recent fleet status report, Valaris will be returning to work in New Zealand. The rig will be reactivated for this contract, which is expected to commence in mid-2023. Valaris Announces Contract Awards and Fleet Status Updates. WebFleet Status Report, 25 May 2022 New Contracts and Extensions West Leda West Ariel West Cressida Seadrill was awarded three contracts by a leading operator in the Middle East for the West Leda, the West Ariel and the West Cressida. +1-713-979-4619, Valaris Announces Contract Awards and Updated Guidance. Download PDF. Valaris The Law Offices of Frank R. Cruz Continues Investigation of Napco Security Technologies, Inc NTT Announces a New Point-of-Presence for Its Global IP Network in Denver, Colorado. Note: We do not offer technical support for developing or debugging scripted downloading processes. Valaris Valaris President and Chief Executive Officer Anton Dibowitz said, In the first quarter, we achieved strong revenue efficiency of 99% and won new contracts and extensions with associated contract backlog of approximately $820 million, including a 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. In addition to the numerous factors described above, you should also carefully read and consider Item 1A. Management's Discussion and Analysis of Financial Condition and Results of Operations" in Part II of our most recent annual report on Form 10-K, which is available on the Securities and Exchange Commission's website at www.sec.gov or on the Investor Relations section of our website at www.valaris.com. VALARIS 36 was sold to another drilling contractor with restricted use provisions for $9 million. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. 1001 and 1030). It owns an offshore drilling rig fleet, including ultra-deep water fleets in the industry and a jack-up fleet. Valaris Provides Fleet Status Report Fleet Status Report One-well contract extension with Shell in the UK North Sea for heavy duty harsh environment jackup VALARIS 122. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. WebBusiness Wire. We reserve the right to block IP addresses that submit excessive requests. View source version on businesswire.com: All rights reserved. Statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. WebValaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported second quarter 2023 results. 56245). The total contract value is approximately $327 million, including an upfront payment totaling approximately $86 million for mobilization costs, a contribution towards reactivation costs and capital upgrades. Managements Discussion and Analysis of Financial Condition and Results of Operations in Part II of our most recent annual report on Form 10-K, which is available on the Securities and Exchange Commissions website at www.sec.gov or on the Investor Relations section of our website at www.valaris.com. Valaris Limited (NYSE: VAL) (Valaris or the Company) today issued a Fleet Status Report that provides the current status of the Companys fleet of offshore drilling rigs along with certain contract information for these assets. In addition to the numerous factors described above, you should also carefully read and consider Item 1A. SEC.gov The contract is expected to commence either late in the fourth quarter 2022 or early in the first quarter 2023 with an estimated duration of 20 days. Valaris obligation to redeem the First Lien Notes and pay the Redemption Price is conditioned upon the completion of an offering by Valaris and Valaris Finance Company LLC of at least $600 million aggregate principal amount of
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