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Valaris has signed a 120-day contract with GE Vernova for the VALARIS 248 jackup drilling rig to provide accommodation and support services for an offshore wind project in the UK North Sea. The contract is expected to commence in November 2025 and will add over $8 million to revenue backlog.
“Offshore Drilling Contractor Valaris reports the signing 120-day contract for their VALARIS 248 Super Gorilla Class Jackup drilling rig with GE Vernova.”heavyliftnews.com
Summarized from public sources; check the original articles before acting on it.