Valaris Ltd

43.96

+2.335.58%

Volume:1.46M

Turnover:63.65M

Market Cap:3.12B

PE:10.25

High:44.19

Open:42.38

Low:42.01

Close:41.63

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It signed upstream agreements with Sempra's  infrastructure unit, Woodside Energy  and NextDecade .Aramco signed technology and innovation MoUs and agreements with Amazon  and its AWS unit, Nvidia  and Qualcomm . It signed technical services MoUs with SLB , Baker Hughes , McDermott, Halliburton , Nabors , Helmerich & Payne , Valaris , NESR , Weatherford , Air Products and Chemicals , KBR , Flowserve , NOV , Emerson , GE Vernova  and Honeywell.It signed a strategy and corporate development MoU with Guardian Glass, while its subsidiary, Wisayah, reached agreements with PIMCO, State Street  and Wellington. 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This sale is expected to close in the second half of 2025, subject to customary closing conditions. As part of the sales agreement, BWE will be restricted from using the rig outside of BWE-owned or affiliated properties for the rig’s expected remaining useful life.President and Chief Executive Officer Anton Dibowitz said, \"We are pleased to announce this highly accretive, opportunistic transaction to sell VALARIS 247, a 27-year-old jackup currently working offshore Australia. Upon closing, the sale proceeds will provide us with additional financial flexibility, including the return of capital to shareholders.\". Valaris Limited  is the industry leader in offshore drilling services across all water depths and geographies. 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