Valaris’ $428m drillship deal in limbo as TotalEnergies exits US Gulf of Mexico project
New York-listed offshore driller Valaris may have to slash its contract backlog by more than $400m after French operator TotalEnergies pulled out of its flagship US Gulf of Mexico asset earlier this month. TotalEnergies, which held a 60% operating interest alongside its joint-interest owner Equinor with 40%, decided not to sanction and to withdraw from …
New York-listed offshore driller Valaris may have to slash its contract backlog by more than $400m after French operator TotalEnergies pulled out of its flagship US Gulf of Mexico asset earlier this month. TotalEnergies, which held a 60% operating interest alongside its joint-interest owner Equinor with 40%, decided not to sanction and to withdraw from …
[post_title] => Valaris’ $428m drillship deal in limbo as TotalEnergies exits US Gulf of Mexico project
[post_excerpt] => New York-listed offshore driller Valaris may have to slash its contract backlog by more than $400m after French operator TotalEnergies pulled out of its flagship US Gulf of Mexico asset earlier this month. TotalEnergies, which held a 60% operating inte...
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[post_modified] => 2022-02-23 02:40:27
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