![Equinor (EQNR) Taps Valaris for $498M Drilling Project in Brazil](https://staticx-tuner.zacks.com/images/articles/main/e1/1888.jpg)
Equinor (EQNR) Taps Valaris for $498M Drilling Project in Brazil
ZacksEquinor (EQNR) awards a nearly $498-million drilling contract to Valaris for Brazil’s Raia field project, set to begin in 2026. The project is aimed to meet 15% of Brazil’s gas demand by 2028.