Valaris Ltd (VAL) company profile

Valaris Limited is an offshore contract drilling company that supplies integrated drilling services to the international oil and gas industry. The company operates rigs on a day-rate contract basis, providing drilling equipment and personnel to drill and complete oil and natural gas wells, as well as offering ancillary services such as well interventions, plug and abandonment work, and carbon capture projects. Its operations are organized into four segments: Floaters, Jackups, ARO, and Other, which includes third-party rig management. Valaris provides services to major international, government-owned, and independent oil and gas companies.

As of December 31, 2025, the company owned 46 rigs situated across Europe, the Middle East and Africa, North and South America, and Asia and the Pacific Rim, alongside an interest in nine joint venture rigs. Valaris operates in major offshore markets across six continents, maintaining personnel across 25 locations globally. The text identifies Valaris as a Bermuda company without stating a specific headquarters city.

Summary of the business section of Valaris's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

“We had a global workforce of approximately 5,070 persons including contractors, and approximately 3,800 persons excluding contractors, as of December 31, 2025.”