Valaris wins 1,064-day Petrobras drillship DS-4 contract extension, adds $447 million backlog

Reuters04-06

Valaris wins 1,064-day <a href="https://laohu8.com/S/PBR">Petrobras</a> drillship DS-4 contract extension, adds $447 million backlog

Valaris won a 1,064-day contract extension from Petrobras for drillship Valaris DS-4 offshore Brazil.
Extension starts in November 2027, continuing existing work program.
Award adds about $447 million to contract backlog.
Day-rate revision cuts backlog by about $21 million for period from April 1, 2026 to November 2027.

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: 202604060801BIZWIRE_USPR_____20260406_BW066416) on April 06, 2026, and is solely responsible for the information contained therein.

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