Valaris awarded jackup extension with Mubadala

Offshore driller Valaris has been awarded a contract extension with Mubadala Petroleum for jackup drilling rig Valaris JU-115 to work offshore Thailand.

The extension is for approximately 240 days, and it will see the rig under contract through September 2022.

The 2013-built Valaris JU-115 is anticipated to begin its new contract in the first quarter of 2022.

Valaris emerged from chapter 11 bankruptcy this month with a fleet of 11 drillships, five semisubs and 44 jackups.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
Back to top button