Valaris secures $40M payment from ARO Drilling joint venture (NYSE:VAL)
shaunl/E+ via Getty Images Valaris (NYSE:VAL) +4.8% post-market after saying it received a $40M payment from its ARO Drilling joint venture, representing a partial early repayment of its shareholder notes receivable. “ARO is an important strategic asset for Valaris, providing a unique partnership with the largest customer for jackups in the world,” Valaris (VAL) President … Read more