skip to Main Content

Kosmos Energy Awards Valaris Contract

Read Time: 2 mins

London-listed independent Kosmos Energy has awarded offshore drilling contractor Valaris an assignment for an ultra-deepwater semi-submersible rig in the US Gulf of Mexico.

Valaris said the contract is for one well using the semi-submersible Valaris DPS-5, with work expected to commence in February 2022 with an estimated duration of 105 days.

The vessel was previously under a contract that ended in December 2021 with Eni for work in Mexico, according to Valaris’ most current fleet status report published in October 2021.

Valaris also received a one-well contract with an undisclosed operator in the US Gulf of Mexico for the Valaris 144, a standard-duty modern jack-up capable of operating in 137 meters of water and drilling to depths of 10,668 meters.

The contract is expected to commence in the first quarter 2022 with a minimum duration of 68 days.

Additionally, Valaris also confirmed it was awarded a previously reported one-well contract with Western Gas offshore Australia using the semi-submersible Valaris MS-1.

The contract is expected to commence in the first quarter of 2022, with an estimated duration of 25 days.

Currently, the Valaris MS-1 is under a 90-day contract for a four-well plug and abandonment assignment with Eni offshore Australia that began in November 2021.

Valaris was awarded a six-well plug and abandonment contract with Centrica Storage in the UK North Sea for the heavy-duty, ultra-harsh environment jack-up Valaris Norway.

The estimated duration of the contract is 100 days and is expected to commence in the third quarter of 2022.

The Valaris Norway is currently under contract to Harbour Energy for accommodation work in the UK North Sea, with the contract expected to end in January 2022.

For more information visit