Valaris has been criticised by the safety watchdog after a North Sea supply ship sustained "significant damage" after crashing into one of its offshore rigs.
The board of offshore drilling group Valaris has confirmed Anton Dibowitz as president and chief executive officer, following his interim appointment earlier this year.
Valaris has been reprimanded by the Health and Safety Executive (HSE) following an incident on one of its jack-up rigs that posed a risk of “serious injury”.
Offshore drilling company Valaris, which last week emerged from bankruptcy, has won a contract extension for its Valaris JU-115 jack-up rig offshore Thailand
Dozens of oil rigs were sold for scrapping in 2020 as the drilling sector dealt with the impacts of Covid-19, according to market-watcher Bassoe Offshore.
The direction of travel appears clear; around a quarter of the current offshore floater rig fleet - ships and semi-submersibles - will be sent to the scrapyard near-term.