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Valaris Secures Jackup Rig Contract Extension Until September 2022

05/10/2021 10:35

02:19 PM EDT, 05/10/2021 (MT Newswires) -- Valaris (VAL) said Monday it has secured a contract extension of about 240 days with Mubadala Petroleum Thailand for its heavy-duty jackup rig, VALARIS JU-115.

The offshore drilling services company said it expects the extension to begin in the first quarter of 2022, keeping the rig under contract through September 2022.

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