The offshore oil and gas market promises to be reheated in 2022 with the return of drilling contracts with Petrobras and other oil companies
Considered by many oil workers one of the best offshore multinationals in the world to work for, Ensco Valaris has its DS-4 drillship back in Brazilian waters to provide services to Petrobras. The minimum operating time will be 1 year and 6 months starting this year in the pre-salt layer.
The drillship was docked in the UK, idle awaiting contract (or in warm stacked). Now she is in the Port of Las Palmas, in the Canary Islands, with maintenance and reactivation already completed, and is about to go to Brazil.
The company arrived in Brazil in 2001 and was called Pride International. In 2011, the company was renamed Ensco and operated under the same name until 2019, when it changed its name to Valaris, for restructuring purposes.
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At the height of the Brazilian oil production chain in 2011, Ensco was highly coveted by many oil workers for its excellent benefits and salaries. There were abundant contracts with Petrobras, with 10 rigs operating at the time, drilling and completion of wells were on the rise, before the strategic plans made by the state-owned company involving the pre-salt and the crisis of the Brazilian state-owned company in 2014.