Valaris secures $760 Million in Gulf of America contracts with Anadarko Petroleum

Valaris Limited (NYSE:VAL) has been awarded two substantial contracts in the Gulf of America by Anadarko Petroleum, an Occidental subsidiary.  These combined contracts add approximately $760 million to Valaris's contracted revenue backlog.

The company secured a 940-day extension for its drillship VALARIS DS-16, beginning June 2026, and a new 914-day contract for the VALARIS DS-18, expected to start in mid-Q4 2026.

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