July 17, 2019 11:04 AM ET

Energy Equipment and Services

Company Overview of Valiant Offshore Inc.

Company Overview

Valiant Offshore Inc. provides drilling services. The company is based in Majuro, Marshall Islands. Valiant Offshore Inc. operates as a subsidiary of Ocean Rig UDW Inc.

Trust Company Complex

Ajeltake Road

Majuro,  96960

Marshall Islands

Key Executives for Valiant Offshore Inc.

Valiant Offshore Inc. does not have any Key Executives recorded.

Valiant Offshore Inc. Key Developments

Valiant Offshore Mulls Acquisitions Of Leiv Eiriksson and the Eirik Raude

Valiant Offshore Inc. intends to acquire Leiv Eiriksson Nyskaping AS and the Eirik Raude following the completion of its equity offering worth $110 million. Valiant intends to use the net proceeds from the offering as partial payment for the acquisition of the Leiv Eiriksson, for working capital and for general corporate purposes. It is expected that the Leiv Eiriksson will be delivered to Valiant with its current drilling contracts in place, which is scheduled to take place within ninety days after the closing of this offering. It is expected that the Eirik Raude will be delivered to Valiant following its reactivation, which is expected to take place within twelve to fifteen months and no later than eighteen months from the closing of the offering.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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