Valaris 143 contract with Aramco suspended
Valaris has announced its Saudi Arabia joint venture firm, ARO Drilling, has received a notice of suspension on a contract.
ARO Drilling
Valaris boosts buybacks amid steady Q1 performance
Drilling rig operator Valaris upped its share repurchases amid a steady quarter in which it grew both its backlog and net income.
Valaris bags $25m North Sea contract with Shell
Offshore driller Valaris has announced a string of new contracts and extensions worth around $275 million, including four notable North Sea awards.
Valaris wins $180m in contracts and extensions
Drilling rig operator Valaris has secured a series of new contracts and contract extensions worth some $181 million in backlog.
Valaris wins UK decom work with Centrica amid clutch of contracts
Valaris has announced a clutch of contract awards, including decommissioning work with Centrica in the UK.
PIF deal cuts risk for ADES of contract renegotiations
Saudi Arabia’s purchase of ADES International reduces the risk that the company’s contracts be cancelled or renegotiated, Fitch Ratings has said.
Aramco pauses Shelf contract
Saudi Aramco has paused its contract for the High Island IV jack-up rig, owned by Shelf Drilling.
Rowan sells two jack-up rigs to its Saudi Aramco JV in £200m deal
Offshore driller Rowan has sold two jack-up rigs to its Saudi Aramco joint venture in a deal worth £202million.
ARO Drilling wins four contracts from Saudi Aramco for Rowan jack-ups
ARO Drilling has won four contracts from Saudi Aramco for Rowan jack-up rigs.