Search results for: Valaris

576 results

A list of search results

  • 14 February 2020
    Business & Finance, Exploration & Production

    Offshore drilling contractor Valaris, formerly known as EnscoRowan, has been awarded a new batch of contracts and extensions with Eni, BP, Premier Oil, Kosmos, Walter Oil & Gas, and an undisclosed operator in Australia.

  • 27 March 2020
    Exploration & Production

    Offshore drilling contractor Valaris has received contract terminations for two rigs operating offshore Angola, one from Total and the other one from Chevron. 

  • 27 March 2020
    Business & Finance, Business developments & projects, Exploration & Production, Infrastructure

    Valaris has received contract terminations for two rigs operating offshore Angola, one from Total and the other one from Chevron, but has also secured revenue backlog of $100 million.

  • 17 February 2020
    Exploration & Production

    An investigation has been launched into an incident on a Valaris-owned jack-up drilling rig, currently working for Chrysaor in the North Sea, following an incident involving the rig’s crane.

  • 4 June 2020
    Authorities & Government, Regulation & policy, Safety

    Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has found several irregularities regarding the emergency preparedness on the Valaris-owned Valaris JU-292 rig, formerly known as the Rowan Norway.

  • 23 April 2020
    Business & Finance, Business developments & projects, Exploration & Production

    Valaris has seen a number of its drilling contracts terminated and day rates slashed as oil and gas operators are looking to reduce costs.

  • 26 November 2019
    Business & Finance, Exploration & Production

    Valaris has been awarded new contracts and extensions for its drilling rigs with an associated revenue backlog of $285 million. One of the jack-up rigs has secured a 21-well contract with ExxonMobil in the U.S. Gulf of Mexico. 

  • 6 December 2019
    Business & Finance

    Luminus, the largest shareholder of offshore drilling contractor Valaris, has decided to call a meeting of shareholders with an intention to nominate new directors to the board amid ‘grave concerns’ about the company’s performance.

  • 28 October 2019
    Business & Finance, Exploration & Production

    Valaris, formerly known as EnscoRowan, has been awarded new contracts and extensions with BP, Murphy Oil, Premier Oil, SapuraOMV, and Saudi Aramco. 

  • 1 October 2019
    Business & Finance, Exploration & Production

    Valaris, previously known as EnscoRowan, has secured new contracts and contract extensions with associated revenue backlog of approximately $245 million.

  • 8 January 2020
    Business & Finance, Exploration & Production

    Oil and gas company Premier Oil has hired a Valaris-owned drillship for operations on Block 717 located offshore Brazil. 

  • 3 January 2020
    Business & Finance, Exploration & Production

    Valaris has received a $200 million payment following the conclusion of arbitration proceedings with Samsung Heavy and has secured new contracts for its rig fleet, adding $100 million to its contract backlog. 

  • 27 August 2019
    Business & Finance, Exploration & Production

    Valaris, formerly known as EnscoRowan, has been awarded new contracts and contract extensions for its rigs, with associated revenue backlog of $84 million. 

  • 3 July 2019
    Business & Finance, Exploration & Production

    Offshore drilling company EnscoRowan, formed by a recent merger between Ensco and Rowan, is changing its name.

  • 21 February 2020
    Business & Finance, Exploration & Production

    Offshore drilling contractor Valaris booked a bigger quarterly loss as its revenues declined due to fewer rig operating days. Valaris on Thursday reported a net loss attributable to the company of $216 million for fourth quarter 2019 compared to a net loss of $197 million in the third quarter 2019. Revenues declined to $512 million […]

  • 27 January 2020
    Business & Finance

    Offshore drilling contractor Valaris has appointed a new member of its board of directors as part of the company’s board refreshment program.

  • 26 August 2019
    Exploration & Production

    Law firm Pomerantz has filed a class action lawsuit against offshore drilling firm Valaris alleging the drilling firm has misled investors.

  • 21 April 2020
    Business & Finance, Business developments & projects

    Another offshore drilling contractor, Valaris, has seen its share value fall below $1 as its operations and contracts are getting delayed or cancelled amid challenging market situation.

  • 29 January 2020
    Exploration & Production

    Kosmos Energy has completed drilling the Oldfield exploration well located in the U.S. Gulf of Mexico, but failed to find hydrocarbons. 

  • 30 April 2020
    Business & Finance, Business developments & projects, Exploration & Production, Market outlooks, Outlook & strategy

    Valaris booked $3 billion loss in the first quarter of the year affected by impairments and fleet utilization decline.

  • 27 May 2020
    Business & Finance

    Subsea services specialist Acteon said that Dr Carl Trowell will become Group’s new chief executive officer, succeeding Richard Higham. Trowell will join Acteon from offshore drilling company Valaris (Ensco). He was Ensco’s chief executive and subsequently became executive chairman in 2019 following merger with Rowan and rebranding as Valaris. Prior to Ensco, Trowell worked for […]

  • 24 June 2020
    Business & Finance, Business developments & projects

    The US District Court of Texas has rejected a $250 million damage claim filed by Petrobras America against South Korean shipbuilder Samsung Heavy Industries.