Valaris sells VALARIS 111 rig for conversion to mobile offshore production unit

VAL•2026-11-02

Valaris sold the jackup VALARIS 111 to a buyer for conversion to a mobile offshore production unit, replacing a previously announced recycling sale. It also sold the semisubmersible VALARIS MS-1 for recycling.

1. Rig sale changes

Valaris sold the jackup VALARIS 111 to another buyer for conversion to a mobile offshore production unit, replacing a previously announced sale for recycling. The company also sold the semisubmersible VALARIS MS-1 for recycling.

Sources

Valaris sells VALARIS 111 rig for conversion to mobile offshore production unit

Sec

Valaris sells VALARIS 111 rig for conversion to mobile offshore production unit

1. Rig sale changes

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Sources

Valaris sells VALARIS 111 rig for conversion to mobile offshore production unit

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