Valaris Limited has agreed to sell its jackup VALARIS 247 to BW Energy for cash proceeds of approximately $108 million. This sale is expected to close in the second half of 2025. The VALARIS 247 is a 27-year-old jackup rig currently operating offshore Australia.
Vietnam advances offshore gas project with development approval
Vietnam has approved the field development plan for Jadestone Energy’s Nam Du–U Minh offshore gas...
