Ensco Rowan changing name to Valaris

Ensco Rowan PLC plans to change its name to Valaris PLC, effective July 31, after consulting with employees and customers worldwide.

Valaris was inspired by the Latin root meaning strength, courage, and signifying something of value.

Ensco Rowan Pres. and Chief Executive Officer Tom Burke said, “We are excited to create a new identity as Valaris that will help us usher in a new era for our company and the industry. This new identity will help to accelerate cultural alignment as we move forward as a larger, more diverse organization.”

The company provides offshore drilling services, offering a rig fleet of ultradeepwater drillships, semisubmersibles, and shallow-water jack ups.