Benzinga | Jul 7, 2021 04:31PM EDT

Valaris Awarded A 183-day Extension To Its Contract With Aramco For VALARIS JU-140

Valaris Limited (NYSE:VAL) announced today that it has been awarded a 183-day extension to its contract with Aramco for VALARIS JU-140, a standard-duty modern jackup. The extension is in direct continuation of the existing contract and, as a result, the VALARIS JU-140 is now expected to be under contract through the end of 2021.