# Valaris secures $519 million drillship contract with Petrobras for Buzios project

Valaris has been awarded a 1,064-day contract for drillship VALARIS DS-4 with Petrobras offshore Brazil. The total contract value is about $519 million.

- Type: Contract
- Announced: 2024-01-02
- Where: offshore Brazil, Buzios project, Brazil
- Value: $519.0M
- Status: announced
- Products: drillship services
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Valaris](https://endata.com/companies/11408.md)
- [Petrobras](https://endata.com/companies/2820.md) (customer)
- [Valaris](https://endata.com/companies/11408.md) (supplier)

## Sources

- [offshore-mag.com](https://www.offshore-mag.com/vessels/article/14303173/valaris-secures-drillship-contract-with-petrobras-for-offshore-buzios-project), 2024-01-02: "Valaris Ltd. has been awarded a 1,064-day contract for drillship VALARIS DS-4 with Petrobras offshore Brazil following a competitive bidding process."
- [rigzone.com](https://www.rigzone.com/news/valaris_secures_contract_for_petrobras_buzios_in_brazil-04-jan-2024-175251-article/), 2024-01-04: "We are delighted to have secured further work for drillship Valaris DS-4 with Petrobras for their upcoming Buzios program"

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