Valaris Limited

Valaris Limited
FormerlyEnscoRowan plc
Company typePublic
IndustryPetroleum industry
Founded1975 (1975)
HeadquartersHamilton, Bermuda (incorporation)
San Felipe Plaza
Houston, Texas, U.S. (operational)
Key people
Anton Dibowitz (CEO & President)
Chris Weber (CFO)
ServicesOffshore drilling
Well drilling
Revenue US$2.362 billion (2024)
US$369 million (2024)
Total assets US$4.419 billion (2024)
Total equity US$2.244 billion (2024)
Number of employees
5,642, including contract personnel (2024)
Websitewww.valaris.com
Footnotes / references

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.

In 2024, the company's largest customer was BP (17% of revenues) and the company's 5 largest customers accounted for 49% of revenues.