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.
