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Valaris

Valaris Limited, commonly known as Valaris, is a multinational offshore drilling contractor that provides offshore drilling services to the global oil and gas industry. The company was formed in 2019 through the merger of Ensco plc and Rowan Companies plc and later adopted the Valaris name as part of its corporate reorganization. It trades on the New York Stock Exchange under the ticker VAL.

Valaris operates a diversified fleet of offshore drilling assets, including jack-up rigs, semi-submersible rigs, and drillships,

Headquartered in London, United Kingdom, Valaris maintains offices and operational bases worldwide, including major hubs in

The company faced financial challenges during the downturn in offshore drilling and filed for Chapter 11 bankruptcy

employed
in
exploration
and
development
projects
around
the
world.
Its
operations
span
multiple
regions,
with
activity
in
the
Gulf
of
Mexico,
Brazil,
West
Africa,
the
North
Sea,
the
Middle
East,
and
the
Asia-Pacific
region.
Houston,
Texas,
and
Singapore,
to
support
global
operations
and
personnel.
protection
in
2020
to
restructure
debt.
It
completed
its
reorganization
in
2021
and
continues
to
operate
its
fleet
and
services
with
a
focus
on
delivering
competitive
drilling
solutions
for
oil
and
gas
operators.