{"id":10762,"date":"2021-08-18T07:32:51","date_gmt":"2021-08-18T07:32:51","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=10762"},"modified":"2021-08-18T07:39:46","modified_gmt":"2021-08-18T07:39:46","slug":"valaris-announces-floater-contract-awards-with-shell","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/valaris-announces-floater-contract-awards-with-shell\/","title":{"rendered":"Valaris Announces Floater Contract Awards With Shell"},"content":{"rendered":"<p>Valaris Limited has announced that it has been awarded one-well contracts with Shell Namibia Upstream B.V. and Shell Sao Tome and Principe B.V. offshore Namibia and Sao Tome and Principe, respectively, for drillship, VALARIS DS-10.<\/p>\n<p>The precise timing of the first contract is to be confirmed, but is expected to commence in the fourth quarter of 2021. The Sao Tome and Principe contract will follow on directly from the Namibia contract. The contracts have an estimated duration of 60 days each.<\/p>\n<p>Shell Namibia Upstream BV (Shell) has a 45% controlling interest in Petroleum Exploration License 39 (PEL 39), located offshore Namibia, with a 45% interest held by Qatar Petroleum and a 10% interest held by the National Petroleum Corporation of Namibia (NAMCOR).<\/p>\n<p>In Sao Tome &amp; Pr\u00edncipe Shell holds stakes in Blocks 5, 6, 10, 11, 12, and 13.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Valaris Limited has announced that it has been awarded one-well contracts with Shell Namibia Upstream B.V. and Shell Sao Tome and Principe B.V. offshore Namibia and Sao Tome and Principe, &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/valaris-announces-floater-contract-awards-with-shell\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":10763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7445,11,7444],"tags":[7913,1675,8883,9537,3110,9535,2297,9536,9428],"class_list":["post-10762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-southern-africa","category-top-news","category-west-africa","tag-namcor","tag-namibia","tag-national-petroleum-corporation-of-namibia","tag-pel-39","tag-qatar-petroleum","tag-sao-tome-and-principe","tag-shell","tag-valaris-ds-10","tag-valaris-limited","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/08\/VALARIS-DS.jpg?fit=664%2C455&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-2NA","jetpack-related-posts":[{"id":11369,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-shell-spuds-graff-1-well-in-pel-39\/","url_meta":{"origin":10762,"position":0},"title":"NAMIBIA: Shell Spuds Graff-1 Well in PEL 39","author":"","date":"December 14, 2021","format":false,"excerpt":"Shell has spud the Graff-1 well in Block 2913 Petroleum Exploration License (PEL) 39 State-owned Namcor reported, The well is being drilled at a depth of around 2000 meters using the Valaris DS-10 rig and comes days after Total Energies started drilling the Venus-1 well in the neighboring PEL 56.\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/NAMIBIA-ORANGE-BASIN-PROSPECTS.png?fit=478%2C407&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":11068,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-approves-eco-atlantic-operatorship-in-4-licenses\/","url_meta":{"origin":10762,"position":1},"title":"Namibia Approves Eco Atlantic Operatorship in 4 Licenses","author":"","date":"November 2, 2021","format":false,"excerpt":"Eco Atlantic has completed drafting the four new Joint Operating Agreements ('JOA's') for its new Petroleum Licenses offshore Namibia. We have received all paying partner approvals on the JOA's and they are out for review with the National Petroleum Corporation of Namibia (NAMCOR), and local partners. Namibia's Ministry of Mines\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/11\/NAMIBIA-ECO.jpg?fit=750%2C1009&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/11\/NAMIBIA-ECO.jpg?fit=750%2C1009&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/11\/NAMIBIA-ECO.jpg?fit=750%2C1009&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/11\/NAMIBIA-ECO.jpg?fit=750%2C1009&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":9532,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kosmos-energy-completes-farm-down-of-exploration-assets-to-shell\/","url_meta":{"origin":10762,"position":2},"title":"Kosmos Energy Completes Farm Down of Exploration Assets to Shell","author":"","date":"December 11, 2020","format":false,"excerpt":"Kosmos Energy has announced that it has closed the previously announced transaction with B.V. Dordtsche Petroleum Maatschappij (Shell), a wholly-owned subsidiary of Royal Dutch Shell, to farm down interests in Suriname, Sao Tome & Principe and Namibia for approximately $95 million, plus future contingent payments of up to $100 million.\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/kosmos-energy-2.jpg?fit=483%2C308&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":14807,"url":"https:\/\/www.oilnewskenya.com\/index.php\/west-africa-valaris-announces-2-year-contract-award-for-drillship-valaris-ds-10\/","url_meta":{"origin":10762,"position":3},"title":"WEST AFRICA: Valaris Announces 2-Year Contract Award for Drillship VALARIS DS-10","author":"","date":"April 2, 2025","format":false,"excerpt":"Valaris Limited has announced that it has been awarded a two-year contract offshore West Africa for drillship VALARIS DS-10 that is expected to commence late in the second quarter or in the third quarter 2026. The total contract value for the firm term is $352 million. The total contract value\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/08\/VALARIS-DS.jpg?fit=664%2C455&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/08\/VALARIS-DS.jpg?fit=664%2C455&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/08\/VALARIS-DS.jpg?fit=664%2C455&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":9087,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kosmos-energy-announces-farm-down-of-a-portfolio-of-exploration-assets-to-shell-for-up-to-200-million\/","url_meta":{"origin":10762,"position":4},"title":"Kosmos Energy Announces Farm Down of a Portfolio of Exploration Assets to Shell for up to $200 Million","author":"","date":"September 9, 2020","format":false,"excerpt":"Kosmos Energy has entered into an agreement with B.V. Dordtsche Petroleum Maatschappij (\u201cShell\u201d), a wholly-owned subsidiary of Royal Dutch Shell PLC, to farm down interests in a portfolio of frontier exploration assets for approximately $100 million, plus future contingent payments of up to $100 million. Under the terms of the\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/kosmos-energy.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/kosmos-energy.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/kosmos-energy.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/kosmos-energy.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/kosmos-energy.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":10159,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-qatar-petroleum-enters-two-offshore-exploration-blocks\/","url_meta":{"origin":10762,"position":5},"title":"NAMIBIA: Qatar Petroleum enters two offshore exploration blocks","author":"","date":"April 6, 2021","format":false,"excerpt":"Qatar Petroleum entered into an agreement with Shell to become a partner in two exploration blocks offshore the Republic of Namibia. Under the terms of the agreement, which is subject to customary approvals, Qatar Petroleum will hold a 45% participating interest in the PEL 39 exploration license pertaining to Block\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/NAMIBIA-PEL-39.jpg?fit=700%2C698&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/NAMIBIA-PEL-39.jpg?fit=700%2C698&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/NAMIBIA-PEL-39.jpg?fit=700%2C698&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/NAMIBIA-PEL-39.jpg?fit=700%2C698&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/10762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=10762"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/10762\/revisions"}],"predecessor-version":[{"id":10764,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/10762\/revisions\/10764"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/10763"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=10762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=10762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=10762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}