Mubadala Petroleum lets rig contract extension

Mubadala Petroleum Thailand has awarded a contract extension to Valaris Ltd. for use of the Valaris JU-115 jack up rig offshore Thailand. Beginning around first-quarter 2022, the extension is expected to last about 240 days.
May 10, 2021

Mubadala Petroleum Thailand has awarded a contract extension to Valaris Ltd. for use of the Valaris JU-115 jack up rig offshore Thailand. Beginning around first-quarter 2022, the extension is expected to last about 240 days.

The rig is now expected to be under contract through September 2022.

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