Valaris (NYSE: VAL) Secures $300M, 800-Day Shell Contract for DS-8 in Brazil

Valaris books $300 million Shell drilling contract offshore Brazil

Offshore drilling contractor Valaris Limited [NYSE: VAL] reports that Shell has awarded it a multi-year contract offshore Brazil for its drillship Valaris DS-8. The contract is expected to commence in the first quarter of 2027, with an estimated duration of approximately 800 days and a total contract value of approximately $300 million. The contract also includes options with a total estimated duration of approximately one year. “We are pleased …

Valaris secures multi-year contract award for VALARIS DS-8

Valaris was awarded a multi-year contract with Shell offshore Brazil for drillship VALARIS DS-8. The contract is expected to commence in Q1 2027, with an estimated duration of approximately 800 days and a total contract value of approximately $300 million. The contract also includes options with a total estimated duration of approximately one year. The post Valaris secures multi-year contract award for VALARIS DS-8 appeared first on Drilling Con…

Shell books Valaris drillship for 800-day Brazil campaign

New York-listed offshore driller Valaris has won a contract for one of its drillships from supermajor Shell. Valaris stated that the UK firm hired the 2015-built drillship Valaris DS-8 for work on the company’s Orca project, formerly known as Gato do Mato, offshore Brazil. The rig is currently operating in the country under a contract …

Valaris (NYSE: VAL) secures $300M, 800-day Shell contract for DS-8 in Brazil

Valaris lands a multi-year Shell contract for drillship DS-8 offshore Brazil, starting Q1 2027, lifting year-to-date backlog secured to over $2.5B.