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.
CNOOC brings nine new projects on stream in 2026 as net output rises to 594 MMboe
China's offshore producer also made five new discoveries and appraised 23 oil- and gas-bearing...
