HAMILTON, Bermuda–(BUSINESS WIRE)–July 5, 2022–

Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) today announced new contracts and contract extensions, with an associated backlog of $466 million, awarded following the publication of the Company’s latest fleet status report on May 2, 2022. Backlog excludes lump sum payments such as mobilization fees and capital repayments.

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