Ensco DS-4
Monday, we discussed a new contract for Valaris (VAL) but it turned out that the company had much more to report – the announcement released Tuesday contains 7 contracts and extensions. Without further ado, let’s look at the news:
Floaters
- Drillship Valaris DS-16 (former Rowan Resolute) got a contract extension from Fieldwood in the U.S. Gulf of Mexico. The rig will now work until September 2020 compared to the previous estimate of March 2020.
- Drillship Valaris DS-7 got a contract extension from Burullus in Egypt. The rig will work an additional