Valaris lands $498m drillship deal with Equinor Brazil

New York-listed offshore driller Valaris has won a multi-year contract with Equinor’s subsidiary in Brazil for the drillship Valaris DS-17. The deal covers work on the Ria project offshore Brazil, Equinor operates in partnership with Repsol Sinopec and Petrobras. The contract, worth about $498m is estimated to last 852 days and includes managed pressure drilling, …

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