Subsidy Tracker Parent Company Summary

Parent Company Name: 
Valaris
Ownership Structure: 
publicly traded (ticker symbol VAL)
Headquartered in: 
Britain (reincorporated for tax reasons)
Major Industry: 
oilfield services and supplies
Specific Industry: 
oilfield services
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$274,5305
Federal (grants and allocated tax credits)$00
TOTAL$274,5305
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$1,000,000,0006
TOTAL$1,000,000,0006
Time Period for State and Local Awards: 

Earliest year of data: 2001. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2004.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

ENSCO; PRIDE INTL

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
New York$274,5305

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.
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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Ensco, Inc. New York state 2001 $152,700 enterprise zone
Ensco, Inc. New York state 2002 $103,700 enterprise zone
Ensco, Inc. New York local 2004 $8,481 tax credit/rebate; property tax abatement
Ensco, Inc. New York local 2005 $6,098 tax credit/rebate; property tax abatement
Ensco, Inc. New York local 2006 $3,551 tax credit/rebate; property tax abatement
Ensco Incorporated United States federal 2011 $200,000,000 federal loan or loan guarantee
Ensco Incorporated United States federal 2010 $200,000,000 federal loan or loan guarantee
Pride International, Inc United States federal 2008 $200,000,000 federal loan or loan guarantee
Pride International, Inc United States federal 2009 $150,000,000 federal loan or loan guarantee
Pride International, Inc. United States federal 2003 $150,000,000 federal insurance
Pride International, Inc. United States federal 2002 $100,000,000 federal insurance
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