---
schema_version: "secwatch.filing_event.v1"
accession: "0000314808-25-000073"
form_type: "8-K"
ticker: "VAL"
cik: "0000314808"
company_name: "Valaris Ltd"
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T02:51:26.341431+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Valaris adds ~$1.0B in new contracts; backlog rises to $4.2B as of April 30, 2025

## Summary
- Two-year contract for VALARIS DS-10 offshore West Africa with firm TCV of $352M; expected start late Q2/Q3 2026.
- Five-year BBC extensions for five jackups leased to ARO Drilling in Saudi Arabia; six-month option for VALARIS DS-9 in Angola.
- 545-day contract for VALARIS 117 offshore Trinidad and 730-day contract for VALARIS 248 in North Sea.
- Contract backlog increased to ~$4.2B from ~$3.6B in Feb 2025; new awards and extensions add ~$1.0B.
- Semisubmersibles VALARIS DPS-3, DPS-5, DPS-6 sold for recycling in April 2025 for total proceeds of ~$10M.

## SEC filing metadata
- accession: 0000314808-25-000073
- form_type: 8-K
- ticker: VAL
- cik: 0000314808
- company_name: Valaris Ltd
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/314808/000031480825000073/0000314808-25-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/314808/000031480825000073/val-20250430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000314808-25-000073
- JSON: https://secwatch.observer/filing/0000314808-25-000073.json
- Plain text: https://secwatch.observer/filing/0000314808-25-000073.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.