Valaris, the American drilling company, has extended contracts for three of its jack-up rigs, totaling $138 million. Operations will continue in key regions of Asia and America.
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Valaris 144 will remain in the Gulf of Mexico for continued drilling with Cantium. The new contract is for 14 months and includes relocation to new sites within the ongoing project.
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In Australia, the Valaris 107 rig will continue operations for Santos for an additional 13 months.
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In Southeast Asia, offshore rig Valaris 115 has extended its contract with PTTEP, the region's largest oil and gas operator, until the end of 2025.
