Valaris awarded $498M drillship contract by Equinor for Raia project offshore Brazil

Valaris Limited secured a multi-year contract with Equinor for the VALARIS DS-17 drillship to work on the Raia project offshore Brazil. The contract is valued at approximately $498 million for 852 days, with a 672-day drilling program expected to start in the first half of 2026.

“The estimated total contract value is approximately $498 million, inclusive of MPD, additional services and fees for mobilization and minor rig upgrades.”worldoil.com

• 2 sources
• worldoil.comValaris secures $498 million drillship contract from Equinor for Raia project offshore BrazilJul 22, 2024
• offshore-mag.comValaris secures rig contracts for Equinor's Raia and Shell's Selene projects | Offshore MagazineJul 23, 2024

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