The outlook for activity offshore Egypt has also picked up ... VALARIS 123, and VALARIS 248. And these rigs remain well-positioned for additional work in the region. In short, we continue to ...

This discovery further underscores our continued commitment to explore and appraise for gas resources that support Egypt's energy ... by the Valaris DS-12 rig, and is part of the company’s ...

BP expects an additional production of 220 billion cubic feet of natural gas and seven million barrels of condensate.

Cairo: bp has successfully completed the drilling activity at the “El King-2” exploration well in the North King Mariout Offshore Concession as part of its West Nile Delta (WND) 4-slot drilling ...

This well is notable, said Egypt's Ministry of Petroleum ... production “adds to its advantages”. Once the Valaris rig has completed Electra-1 in Block 5, it will remain in Cyprus to drill ...

"This discovery further underscores our continued commitment to explore and appraise for gas resources that support Egypt’s energy security and economic growth" The well, which was spudded on January ...

Valaris unveils several deals and contract extensions for its jackup rig fleet totaling ~$125M, with plans to dispose of four rigs.

Bermuda-based drilling contractor Valaris has decided to retire three semi-submersible rigs from its global fleet and focus ...

The Company expects that these rigs will be removed from the global drilling supply and repurposed for alternative uses or scrapped. Jackup VALARIS 75 has been sold for $24 million. VALARIS 75 is ...