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Valaris wins $140M BP contract for Egypt drilling starting Q2 2026.
Valaris has won a $140 million contract from BP’s subsidiary BP Exploration Delta for its VALARIS DS-12 drillship to conduct offshore drilling in Egypt, starting in Q2 2026 and lasting about 350 days.
The deal includes five wells with options for three more and features a mobilization fee.
The contract marks the completion of Valaris’s near-term drilling commitments for its four available drillships, reinforcing its commercial strategy and ongoing collaboration with BP in Egypt’s offshore exploration.
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Valaris gana un contrato de BP de $ 140M para la perforación en Egipto a partir del segundo trimestre de 2026.