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.
Exxon plans to operate in Guyana ‘as usual’ if it loses Chevron-Hess arbitration
ExxonMobil says it will be “business as usual” in its massive Guyana oil field if it loses its...