Valaris secures long-term contracts with Anadarko Petroleum in the Gulf of America.

Valaris Limited announced a 940-day contract extension for drillship VALARIS DS-16 starting in June 2026, and a new 914-day contract for drillship VALARIS DS-18 expected to begin in mid-Q4 2026. Both contracts are with Anadarko Petroleum Corporation for operations in the Gulf of America, adding approximately $760 million to Valaris’ revenue backlog. The company has secured $1.9 billion in new contract backlog this year, showcasing its successful commercial strategy and commitment to safe and efficient operations for customers.

Read more at Nasdaq: Valaris Announces Multi-Year Gulf Deals For DS-16 And DS-18