Valaris VAL Maximum Contingent Contributions To Joint Venture
Maximum Contingent Contributions To Joint Venture at other companies
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Where this comes from
Reported directly by Valaris in its filing.
Tagged under the XBRL concept val:MaximumContingentContributionsToJointVenture.
The source filing: Valaris’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 8:32 AM EDT
- Fiscal quarter
- Q4 FY2027
- Calendar quarter
- Q4 2027
- Accession
- 0000314808-26-000141
In the event ARO has insufficient cash or is unable to obtain third-party financing, each partner may periodically be required to make additional capital contributions to ARO, up to a maximum aggregate contribution of $1.25 billion from each partner to fund the newbuild program. Beginning with the delivery of the second newbuild, each partner's commitment is reduced by the lesser of the actual cost of each newbuild rig or $250.0 million, on a proportionate basis. Following the delivery of Kingdom 2, our commitment to fund the newbuild program has been reduced to $1.1 billion.
Item 1.Financial Statements
FAQ
- What is Valaris's maximum contingent contributions to joint venture?
- Valaris (VAL) reported maximum contingent contributions to joint venture of $1.25B in Q2 2026.
- How has Valaris's maximum contingent contributions to joint venture changed year-over-year?
- Valaris's maximum contingent contributions to joint venture decreased by 0.0% year-over-year, from $1.25B to $1.25B.
- What does maximum contingent contributions to joint venture mean?
- Maximum Contingent Contributions To Joint Venture as reported by Valaris Limited.
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