# Valaris secures $149M in new drilling contracts and extensions

Valaris announced new contracts and extensions with a total backlog of $149 million, including a three-well contract with Eni Mexico for the Valaris DPS-5 semisubmersible offshore Mexico, a four-well extension with Shell in the UK North Sea for the VALARIS 122 jackup, a one-well contract offshore Australia for the VALARIS 107, and a one-well option exercised by DNO in the UK North Sea for the VALARIS 247.

- Type: Contract
- Announced: 2022-09-01
- Where: offshore Mexico, Mexico
- Value: $149.0M
- Status: announced
- Products: offshore drilling services
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Valaris](https://endata.com/companies/11408.md)
- [Shell](https://endata.com/companies/351.md) (customer)
- [Eni](https://endata.com/companies/1667.md) (customer)
- [Eni México](https://endata.com/companies/39135.md) (customer)
- [DNO](https://endata.com/companies/65078.md) (customer)

## Sources

- [ocean-energyresources.com](https://ocean-energyresources.com/2022/09/01/contract-awards-for-valaris/), 2022-09-01: "Valaris announced today new contracts and contract extensions, with an associated contract backlog of $149 million."
- [drillingcontractor.org](https://drillingcontractor.org/valaris-announces-new-contracts-extensions-with-eni-shell-63652), 2022-09-01: "a three-well contract with Eni offshore Mexico for its VALARIS DPS-5 semisubmersible"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.