Valaris Wins Multi-Year Drillship Contract from Shell Offshore Brazil

Reuters12-12

Valaris Wins Multi-Year Drillship Contract from Shell Offshore Brazil

Valaris Ltd. has announced that it has been awarded a multi-year contract by Shell for the drillship VALARIS DS-8 to operate offshore Brazil. The contract is expected to commence in the first quarter of 2027 and has an estimated duration of approximately 800 days, with a total contract value of around $300 million. The agreement also includes options with a total estimated duration of approximately one year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Valaris Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251211615759) on December 12, 2025, and is solely responsible for the information contained therein.

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