Valaris Drillship Achieves ABS Enhanced Electrical System Notation in World First
Valaris Limited (NYSE: VAL) has announced that its ultra-deepwater drillship, VALARIS DS-12, has become the first vessel globally to receive the ABS Enhanced Electrical System Notation EHS-E. This upgrade improves reliability, optimizes powerplant performance, and reduces emissions by enabling operations on fewer generators. The milestone highlights Valaris' commitment to sustainability and advanced technology in offshore drilling.
- Valaris DS-12 receives the world’s first ABS Enhanced Electrical System Notation, enhancing operational efficiency.
- The upgrade allows for reduced generator usage, leading to lower emissions.
- None.
Enhanced System Reduces Emissions
Valaris upgraded the vessel’s electrical system to secure the notation, which recognizes sophisticated system design to improve reliability and enhance protection. The Valaris electrical system is specifically designed to allow the drillship to optimize powerplant performance, enabling operations on fewer generators and reducing emissions.
“With this enhanced notation, VALARIS DS-12 exemplifies our company’s purpose of providing responsible solutions that deliver energy to the world. I want to recognize our engineers, our partner ABS and thank our customer BP, for their support. This is truly a remarkable team achievement that paves the way to more sustainable deepwater drilling,” said Valaris Senior Vice President and Chief Operating Officer
“It is great to see Valaris become the first to secure this notation, which recognizes their commitment to sustainable operations and investment in advanced electrical systems to increase efficiency. As the world’s leading global offshore Class, ABS is well placed to help forward thinking operators such as Valaris achieve next generation operations,” said
ABS has surveyed the upgraded system and tested it to ensure it can operate on reduced generator power. The short circuit and fault ride through capability was demonstrated on board the vessel with ABS in attendance.
The EHS-E notation was introduced in the ABS Guide for Dynamic Positioning Systems in
About Valaris
About ABS
ABS, a leading global provider of classification and technical advisory services to the marine and offshore industries, is committed to setting standards for safety and excellence in design and construction. Focused on safe and practical application of advanced technologies and digital solutions, ABS works with industry and clients to develop accurate and cost-effective compliance, optimized performance and operational efficiency for marine and offshore assets.
Cautionary Statements
Statements contained in this press release, as well as materials or websites that are cross-referenced, that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include words or phrases such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "project," "could," "may," "might," “should,” “will” and similar words and specifically include statements that are aspirational or reflective of our views about future performance and our expectations, plans, or goals related to corporate responsibility, sustainability and environmental matters, employees, policy, business, procurement and other risks and opportunities. Forward-looking statements are aspirational and are not guarantees or promises that such expectations, plans, or goals will be met. Such historical, current, and forward-looking sustainability-related statements are based on currently available information and assumptions, as well as standards for measuring progress that are still in development and internal controls and processes that continue to evolve. They are also subject to numerous risks, uncertainties and assumptions that may cause actual results to vary materially from those indicated. In addition to the factors described above, you should also carefully read and consider “Item 1A. Risk Factors” in Part I and “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Part II of our most recent annual report on Form 10-K, as updated in our subsequent quarterly reports on Form 10- Q, which are available on the Securities and Exchange Commission’s website at www.sec.gov or on the Investor Relations section of our website at www.valaris.com. Each forward-looking statement speaks only as of the date of the particular statement and we undertake no obligation to update or revise any forward-looking or other statements, except as required by law and notwithstanding any historical practice of doing so.
Website references are provided for convenience only. The content on the referenced websites is not incorporated by reference into this document, nor does it constitute a part of this document. We assume no liability for any third-party content contained on the referenced websites.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211011005697/en/
Investor & Media Contact:
Director - Investor Relations
+1-713-979-4619
Source:
FAQ
What is the significance of the ABS Enhanced Electrical System Notation for Valaris DS-12?
When did Valaris DS-12 receive the ABS Enhanced Electrical System Notation?
How does the enhancement of Valaris DS-12's electrical system impact emissions?
What company operates the Valaris DS-12 drillship?
What are the benefits of the electrical system upgrade for Valaris?
