Valaris Secures $760 Million Contract Extension and New Deal for Drillships with Anadarko in Gulf of America

Reuters

07-07

Valaris Secures $760 Million Contract Extension and New Deal for Drillships with Anadarko in Gulf of America

Valaris Limited has announced significant contract developments for its drillships, VALARIS DS-16 and DS-18, in partnership with Anadarko Petroleum Corporation, a subsidiary of Occidental. The VALARIS DS-16 has secured a 940-day contract extension set to commence in June 2026. Meanwhile, the VALARIS DS-18 will begin a new 914-day contract in the Gulf of America, expected to start in the mid-fourth quarter of 2026. These contracts contribute approximately $760 million to Valaris's revenue backlog, enhancing the company's financial outlook. Anton Dibowitz, President and CEO, emphasized the success of their commercial strategy and the focus on securing further long-term contracts.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Valaris Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250706278778) on July 07, 2025, and is solely responsible for the information contained therein.

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Valaris Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250706278778) on July 07, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4559","symbol_name":"巴菲特持仓","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250707:nNDLb6246y:1","article_id":"2549930377","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2549930377","pubTimestamp":1751850014,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Valaris Limited has announced significant contract developments for its drillships, VALARIS DS-16 and DS-18, in partnership with Anadarko Petroleum Corporation, a subsidiary of Occidental. 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