Valaris Ltd - Company Profile
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Valaris Ltd (Valaris), formerly Ensco Rowan Plc, is a provider of offshore contract drilling services to the global oil and gas industry. Geographic diversification, business performance of floaters, and leading offshore drillers strengthened its operation, even as customer concentration is a cause for concern. Strategic initiatives, increase in demand for oil globally, and contracts and agreements could provide new growth opportunities for the company. However, intense competition, stringent regulations, and fluctuating oil and gas prices could affect its operations.
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