---
schema_version: "secwatch.filing_event.v1"
accession: "0000314808-26-000098"
form_type: "8-K"
ticker: "VAL"
cik: "0000314808"
company_name: "Valaris Ltd"
filed_at: "2026-05-04T23:59:59+00:00"
generated_at: "2026-05-15T00:07:40.614638+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Valaris adds $560M in new contracts; backlog rises to $4.9B

## Summary
- VALARIS DS-4 extension with Petrobras adds $447M; day rate adjustment reduces existing backlog by $21M.
- VALARIS 115 extension with Brunei Shell adds $78M; VALARIS 122 gets multiple extensions worth ~$14M.
- VALARIS 110 operations suspended since March 2026; remains contracted to NOC offshore Qatar.
- VALARIS 116 and 250 shipyard projects delayed; bareboat charters now expected to resume in Q3 2026.
- Semisubmersible VALARIS DPS-1 sold for recycling in April 2026.

## SEC filing metadata
- accession: 0000314808-26-000098
- form_type: 8-K
- ticker: VAL
- cik: 0000314808
- company_name: Valaris Ltd
- filed_at: 2026-05-04T23:59:59+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/314808/000031480826000098/0000314808-26-000098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/314808/000031480826000098/val-20260504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000314808-26-000098
- JSON: https://secwatch.observer/filing/0000314808-26-000098.json
- Plain text: https://secwatch.observer/filing/0000314808-26-000098.txt

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