Valaris (VAL) said Monday it has been awarded a two-year contract offshore West Africa for its drillship Valaris DS-10, with a total contract value for the firm term of $352 million.
The contract is set to start late in Q2 or in Q3 2026, Valaris said.
The contract value doesn't include the provision of additional services, the company said. It also said the contract includes two unpriced options, each with a one-year duration.
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