A jack-up rig owned by offshore drilling contractor Valaris is en route to Angola for a drilling contract it secured last year, following preparations in Texas.
According to Valaris, after completing a project at the Kiewit Shipyard in Corpus Christi, Texas, the VALARIS 144 rig has embarked on a voyage to Angola for its new drilling contract.
“The VALARIS 144 was in the shipyard in preparation for its drilling campaign; the rig was loaded onto a heavy lift vessel, starting its journey to Angola,” said Bud Baylis , Rig Manager.
To remind, it was reported in the summer of 2024 that the offshore drilling firm had secured a one-well contract for Valaris 144 offshore Angola, starting in the first quarter of 2025 and expected to take around 45 days. The estimated total contract value is approximately $8.5 million.
Valaris 144 had also been contracted for a 13-well contract offshore Angola . The deal, anticipated to commence in the second quarter of 2025, has an estimated duration of between 730 and 770 days, with the total contract value calculated to be between $149 million and $156 million.
Both contracts are for the same operator, which remains undisclosed.