Valaris to apply multi-million cost cutting measures
Offshore drilling firm Valaris has announced that it will undertake multi-million cost savings cuts across its business.
Valaris
Valaris sinks to a loss as it looks to sell ageing rig
Valaris has sunk into the red as it seeks to sell off an ageing semi-submersible drilling rig.
Eni kicks off drilling on southern North Sea exploration well
Drilling has kicked off at a North Sea exploration well operated by Italian oil and gas firm Eni, supported by French partner Total.
Monthly update on North Sea exploration: Three UK wells active
At the end of September there were three active exploration wells and four appraisal wells being drilled in the UK, according to Westwood Global Energy. Two E&A wells were spudded and three were completed during September.
Valaris confirms new deals and contract extensions totaling almost £200m
Rig operator Valaris has announced a number of global contracts and contract extensions totaling almost £200 million.
Valaris rig picked for Neptune Energy’s Seagull project
Rig operator Valaris has been chosen to carry out the drilling contract for Neptune Energy’s Seagull project in the UK North Sea.
Valaris hails ‘significant progress’ since Ensco-Rowan merger
Valaris has said it has made “significant progress” since the merger of Ensco and Rowan earlier this year.
EnscoRowan to change name to Valaris
The world’s largest offshore drilling firm EnscoRowan has announced plans to change its name to Valaris.