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  4. Valaris awarded jack-up contracts by TAQA, Cairn Energy and Carnarvon Petroleum

Valaris awarded jack-up contracts by TAQA, Cairn Energy and Carnarvon Petroleum

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Oilfield Technology,

Valaris has been awarded a contract with TAQA offshore the Netherlands for VALARIS JU-123, a heavy-duty harsh environment jack-up. The contract is expected to commence in 4Q21 with an estimated minimum duration of 60 days.

The contract is for the preparation of a wellbore for the Porthos CO2 transport and storage project. In conjunction with this contract, VALARIS JU-123 will be upgraded with a selective catalytic reduction (SCR) system. When in operation, the SCR system will eliminate almost all NOX and SOX emissions from the rig.

The rig has also been awarded a one-well contract with Cairn Energy in the UK North Sea. The contract is expected to commence in 2Q22 with an estimated duration of 72 days.

Valaris has also been awarded a one-well contract with Carnarvon Petroleum offshore Timor-Leste for VALARIS JU-107, a heavy-duty modern jack-up. The contract is expected to commence in 4Q21 with an estimated duration of 30 days.


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Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/21092021/valaris-awarded-jack-up-contracts-by-taqa-cairn-energy-and-carnarvon-petroleum/

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