Valaris Limited (NYSE: VAL) announced on Wednesday (Oct06) that it has been awarded a 211-day extension to its bareboat charter agreement with ARO Drilling for VALARIS JU-36 (Charles Rowan), a standard duty jackup.
The extension is in direct continuation of the existing contract and, as a result, the VALARIS JU-36 will be under contract through March 2022.
ARO Drilling’s contract with Aramco has been extended for the same period.
Source: Valaris