{"id":14807,"date":"2025-04-02T07:42:20","date_gmt":"2025-04-02T07:42:20","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=14807"},"modified":"2025-04-02T07:42:23","modified_gmt":"2025-04-02T07:42:23","slug":"west-africa-valaris-announces-2-year-contract-award-for-drillship-valaris-ds-10","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/west-africa-valaris-announces-2-year-contract-award-for-drillship-valaris-ds-10\/","title":{"rendered":"WEST AFRICA: Valaris Announces 2-Year Contract Award for Drillship VALARIS DS-10"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">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 does not include the provision of additional services. The contract includes two unpriced options, each with a duration of one year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">President and Chief Executive Officer Anton Dibowitz said, \u201cThis contract award is a testament to the safety and operational performance of VALARIS DS-10 and its crews, which have an excellent track record of successfully executing clients\u2019 well programs offshore West Africa. This contract increases our backlog by approximately $350 million and supports our future earnings and cash flow, and we remain focused on securing additional attractive long-term contracts for our high-specification assets.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/west-africa-valaris-announces-2-year-contract-award-for-drillship-valaris-ds-10\/\" 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":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,11,7444],"tags":[649,9536,9428,2720],"class_list":["post-14807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-top-news","category-west-africa","tag-drillship","tag-valaris-ds-10","tag-valaris-limited","tag-west-africa","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-3QP","jetpack-related-posts":[{"id":14998,"url":"https:\/\/www.oilnewskenya.com\/index.php\/valaris-announces-five-well-contract-award-for-drillship-valaris-ds-15\/","url_meta":{"origin":14807,"position":0},"title":"Valaris Announces Five-well Contract Award for Drillship VALARIS DS-15 in West Africa","author":"","date":"May 6, 2025","format":false,"excerpt":"Valaris has announced that it has been awarded a five-well contract offshore West Africa for drillship VALARIS DS-15. The contract is expected to commence in the third quarter 2026. The total contract value, based on an estimated duration of 250 days, is approximately $135 million, including upfront payments for rig\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\/07\/Valaris_DS_12.jpg?fit=433%2C615&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":13846,"url":"https:\/\/www.oilnewskenya.com\/index.php\/westafrica-valaris-announces-drillship-12-well-contract-award\/","url_meta":{"origin":14807,"position":1},"title":"WESTAFRICA: Valaris Announces Drillship 12 Well Contract Award","author":"","date":"August 1, 2023","format":false,"excerpt":"Valaris has announced that it has been awarded a 12-well contract offshore West Africa for drillship VALARIS DS-7, which will be reactivated for this contract. The Company also announced that it is increasing its 2023 share repurchase target from $150 million to $200 million. The contract is expected to commence\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\/2023\/08\/Valaris-DS7.png?fit=503%2C386&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":15287,"url":"https:\/\/www.oilnewskenya.com\/index.php\/valaris-announces-contract-award-for-drillship-valaris-ds-12\/","url_meta":{"origin":14807,"position":2},"title":"Valaris Announces Contract Award for Drillship VALARIS DS-12","author":"","date":"October 15, 2025","format":false,"excerpt":"Valaris Limited has announced today that it has been awarded a five-well contract with Bp Exploration Delta Limited for drillship VALARIS DS-12 in Egypt. The contract is expected to commence in the second quarter 2026 and has an estimated duration of 350 days. The estimated total contract value, inclusive of\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":11048,"url":"https:\/\/www.oilnewskenya.com\/index.php\/angola-exxonmobil-awards-valaris-drillship-contract\/","url_meta":{"origin":14807,"position":3},"title":"ANGOLA: ExxonMobil Awards Valaris Drillship Contract","author":"","date":"October 27, 2021","format":false,"excerpt":"Valaris Limited has announced that it has been awarded a two-year contract with Esso Exploration Angola, an affiliate of ExxonMobil, offshore Angola for drillship VALARIS DS-9. The rig is currently preservation stacked in the Canary Islands, where it will be reactivated and then mobilized to Angola ahead of the anticipated\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\/10\/VALARIS-DS-9.png?fit=578%2C300&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/10\/VALARIS-DS-9.png?fit=578%2C300&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/10\/VALARIS-DS-9.png?fit=578%2C300&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":12859,"url":"https:\/\/www.oilnewskenya.com\/index.php\/egypt-valaris-ds-12-awarded-a-four-well-contract-with-bp\/","url_meta":{"origin":14807,"position":4},"title":"EGYPT: VALARIS DS-12 Awarded a four-well Contract with BP","author":"","date":"November 23, 2022","format":false,"excerpt":"Valaris\u00a0 has announced that drillship VALARIS DS-12 has been awarded a four-well contract with BP offshore Egypt. The contract is expected to commence late in the third quarter or early in the fourth quarter 2023 and has an estimated duration of 320 days. The estimated total contract value, inclusive of\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\/07\/Valaris_DS_12.jpg?fit=433%2C615&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":10762,"url":"https:\/\/www.oilnewskenya.com\/index.php\/valaris-announces-floater-contract-awards-with-shell\/","url_meta":{"origin":14807,"position":5},"title":"Valaris Announces Floater Contract Awards With Shell","author":"","date":"August 18, 2021","format":false,"excerpt":"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. The precise timing of the first contract is to be confirmed, but is expected to\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":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14807","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=14807"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14807\/revisions"}],"predecessor-version":[{"id":14809,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14807\/revisions\/14809"}],"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=14807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=14807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=14807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}