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acquisitionAnnounced · Feb 11, 2026Offshore DrillingSource · CredibleArticle · Factual
Transocean acquires Valaris
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$5.8B
Target
Valaris
NYSE: VAL · Clarendon House 2 Church St, Hamilton
Acquirer
Transocean
Full Acquisition
Status
Pending
Transocean agreed to acquire Valaris. Reported deal value: $5.8B. Status: Pending. Sector: Offshore Drilling. Target headquarters context: Clarendon House 2 Church St, Hamilton, Bermuda.
This page summarizes publicly available information about the transaction as of 2026-02-11. Figures and status may change as filings and press coverage update.
and Valaris Limited today announced the signing of a definitive agreement to combine the two companies under which Transocean will acquire Valaris in an all-stock transaction valued at approximately $5.8 billion
Deal timeline
Announced
Feb 11, 2026 · dredgewire.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Offshore Drilling with a reported deal value of $5.8B. Figures and status may change as sources update.
Sources: dredgewire.com · Primary article · FireStrike proprietary index