JP Morgan lowers price target to $38, and warns of the need for further cost-cutting to meet 2025 EBITDA guidance amid ongoing market challenges.

VAL believes that the new contract award demonstrates the drillship's successful record of completing projects in West Africa and highlights its operational efficiency.

Valaris secures two-year contract for drillship VALARIS DS-10 offshore West Africa. Find the latest news from the maritime industry on the PortNews website.

Valaris was awarded a two-year contract offshore West Africa with an undisclosed operator for its Valaris DS-10 drillship, ...

Valaris has been awarded a two-year contract offshore West Africa for drillship VALARIS DS-10 that is expected to commence ...

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Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") announced today that it has been awarded a two-year contract offshore West Africa for drillship VALARIS DS-10 that is expected to commence late ...

Rising costs and supply chain issues could suppress rig utilisation to 70% after years at 90%, Westwood analysis says ...

Brunei Shell Petroleum, a subsidiary of Shell, has awarded a contract to Noble Corporation for its Noble Viking drillship. Noble Viking drillship has been hired on a one firm well plus one option well ...

The drillship is currently hired by Shell on a $442,000 dayrate and is working off Malaysia. It will complete its contract in June 2025 after which it will start work for Prime offshore the ...

a former shareholder of drillship company Sete Brasil. Separately, Petrobras (PBR) said it has terminated the sale of its shares in fuel distributor Petrobras Colombia Combustibles. Last year ...

Conoco and R&B Falcon Corp. announced Deepwater Pathfinder - a first-of-its-kind, ultra-deepwater drillship - began a five-year work program in the Gulf of Mexico. The ship, the first new build ...