Valaris Wins Multi-Year Drillship Contract from Shell Offshore Brazil
Reuters
Dec 12
Valaris Wins Multi-Year Drillship Contract from Shell Offshore Brazil
Valaris Ltd. has announced that it has been awarded a multi-year contract by Shell for the drillship VALARIS DS-8 to operate offshore Brazil. The contract is expected to commence in the first quarter of 2027 and has an estimated duration of approximately 800 days, with a total contract value of around $300 million. The agreement also includes options with a total estimated duration of approximately one year.
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