Valaris Limited is an offshore contract drilling company. The Company is a provider of offshore contract drilling services to the international oil and gas industry with operations in the offshore market across six continents. The Company operates through four segments: Floaters, which includes its drill ships and semisubmersible rigs; Jackups; ARO, and Other, which consists of management services on rigs owned by third parties and the activities associated with its arrangements with ARO. It owns an offshore drilling rig fleet, including ultra-deep water fleets in the industry and a jack-up fleet. The Company owns approximately 52 rigs, including 11 drill ships, four semisubmersible rigs, one moored semisubmersible rig and 36 jack-up rigs. The Company’s geographical locations include the United States Gulf of Mexico, United Kingdom, Saudi Arabia, Norway, Mexico and others.
During the most recent quarter, 3K shares were sold in insider trading.
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