Valaris Ltd 8K

Valaris Limited’s August 5, 2026 fleet status report discloses new contracts and extensions lifting contract backlog to about $4.6 billion, along with Middle East operational updates, rig sales, and detailed fleet utilization and maintenance plans.

Valaris Limited filed a fleet status report dated August 5, 2026, indicating that since its prior May 4, 2026 report it has secured more than $160 million of new contracts and extensions, bringing total contract backlog to approximately $4.6 billion, including a new letter of award for drillship VALARIS DS-18 for a two-well exploration program starting in the fourth quarter of 2026, multiple significant jackup awards and extensions (notably a 1,080‑day, ~$140 million plug and abandonment contract for VALARIS 248 and a one‑well Baltic Sea contract for VALARIS 123), updates on Middle East operations where all Valaris and ARO rigs remain under contract and certain rigs have recommenced or will recommence bareboat charters, the resumption of VALARIS 110 operations offshore Qatar after conflict-related suspension, the sale of stacked jackups VALARIS 104 and 109 for $74 million in total cash proceeds, the mutual termination of a previously disclosed VALARIS 106 contract offshore Indonesia, and detailed schedules of contracted days, day rates, planned maintenance out-of-service days, and other backlog and operational metrics for its global rig fleet and ARO Drilling joint venture.

Filing Facts

CIK

314808

Ticker

-

Form

8K

Source Type

sec

Accession

0000314808-26-000139

Alert Tier

6