Valaris Ltd
Valaris Limited (previously ENSCO-Rowan plc) is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in Bermuda. It is the largest offshore drilling and well drilling company in the world. As of February 2025, it owned 52 rigs, including 36 offshore jackup rigs, 11 drillships, and 5 semi-submersible platform drilling rigs.
Basic company information
Each field links to its source. Financial figures retain their reporting periods; background references are identified in the source list.
- Business sectors
- petroleum industry [1]
- Company / filing name
- Valaris Ltd [2]
- Headquarters location
- London [1]
- Founded
- 1987 [1]
- Legal form
- public limited company [1]
- Official website
- www.valaris.com ↗ [1]
- ISIN (reported securities)
- GB00B4VLR192 [1]
- CIK
- 314808 [2]
- Country in background record
- United Kingdom [1]
- Symbols / exchanges
- VAL (NYSE), VAL-WT (NYSE) [2]
Company positioning and business
Valaris Limited (previously ENSCO-Rowan plc) is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in Bermuda. It is the largest offshore drilling and well drilling company in the world. As of February 2025, it owned 52 rigs, including 36 offshore jackup rigs, 11 drillships, and 5 semi-submersible platform drilling rigs. [3]
In 2024, the company's largest customer was BP (17% of revenues) and the company's 5 largest customers accounted for 49% of revenues. [3]
Background text: Wikipedia contributors, Valaris Limited. Selected introductory paragraphs, licensed under CC BY-SA 4.0. Official filing data is cited separately.
Financial year, securities and disclosures
Listed securities: VAL (NYSE), VAL-WT (NYSE). Multiple symbols may represent different share classes or securities of the same registrant. [2]
History and key events
Founding / inception date recorded in Wikidata. [1]
Financial results and regulatory disclosures
No individual financial documents have been indexed yet. Open the source to consult company disclosures. [2]
Related entities and concepts
Frequently asked questions
When was Valaris Ltd founded?
Founded: 1987. The linked source provides the background record. [1]
Where is the headquarters of Valaris Ltd?
Headquarters location: London. The linked source provides the background record. [1]
Which business sectors are recorded for Valaris Ltd?
Business sectors: petroleum industry. The linked source provides the background record. [1]
Sources and review dates
- Wikidata — company background record (CC0) ↗
- Company identity and profile data ↗
- Wikipedia contributors — Valaris Limited (CC BY-SA 4.0) ↗
Reviewed 23 October 2026. Financial periods and historical event dates are shown separately. Figures reflect their stated source dates; this page is not a live quote or investment recommendation.