Valaris plc, formerly Ensco Rowan plc, is an offshore contract drilling company. The Company provides offshore contract drilling services to the international oil and gas industry. The Company operates through four segments: Floaters, Jackups, ARO and Other. Its Floaters segment includes the Company's drillships and semisubmersible rigs. Its ARO Drilling owns, manages and operates drilling rigs offshore Saudi Arabia. The Other segment consists of management services on rigs owned by third parties. The Floaters and the Jackups segments provide contract drilling. It owns and operates an offshore drilling rig fleet of 82 rigs, including three rigs under construction, with drilling operations in markets around the world. The Company's rig fleet includes 16 drill ships, nine semisubmersible rigs, three moored semisubmersible rigs and 54 jackup rigs. It also has two deepwater managed units. It provides an integrated service that includes the provision of a drilling rig and rig crews.