Valaris Ltd (VAL) USD0.01
Valaris Ltd is an offshore contract drilling company. The Company provides offshore contract drilling services to the international oil and gas industry. It owns an offshore drilling rig fleet with drilling operations in offshore market across continents. Its rig fleet includes drillships, semisubmersible rigs, moored semisubmersible rig and jackup rigs. The Company operates fleet rigs, including ultra-deepwater fleets in the industry and a jackup fleet. Its customers include national and international oil companies. It operates in markets such as the Gulf of Mexico, the North Sea, the Middle East, West Africa, Australia and Southeast Asia. The Company’s operating segments includes Floaters, Jackups and Other. The Company provide drilling services on a day rate contract basis. Under day rate contracts, it provides services that includes the provision of a drilling rig and rig crews for which it receives a daily rate.
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