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BW Energy to buy VALARIS 247 jackup rig for $108 million

BW Energy to buy VALARIS 247 jackup rig for $108 million

by Offshore Reporter | May 6, 2025 | Offshore

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.

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