EX-22.1 12 tm2117388d21_ex22-1.htm EXHIBIT 22.1

 

Exhibit 22.1

 

List of Guarantor Subsidiaries and Affiliate Securities Pledged as Collateral

 

As of the date of the registration statement of which this Exhibit 22.1 is a part, the Senior Secured First Lien Notes due 2028 (the “Notes”) issued by Valaris Limited, a Bermuda exempted company (“Valaris”), are fully and unconditionally guaranteed by each of the following subsidiaries of Valaris (the “Guarantors”).

 

Guarantor  State or Other Jurisdiction of
Incorporation or Organization
Alpha Achiever Company  Cayman Islands
Alpha Admiral Company  Cayman Islands
Alpha Archer Company  Cayman Islands
Alpha Aurora Company  Cayman Islands
Alpha Offshore Drilling Services Company  Cayman Islands
Alpha Orca Company  Cayman Islands
Alpha South Pacific Holding Company  Cayman Islands
Atlantic Maritime Services LLC  Delaware (USA)
Atwood Australian Waters Drilling Pty Limited  Australia
Atwood Deep Seas, Ltd.  Texas (USA)
Atwood Oceanics Australia Pty Limited  Australia
Atwood Oceanics LLC  Texas (USA)
Atwood Oceanics Management, LLC  Delaware (USA)
Atwood Oceanics Pacific Limited  Cayman Islands
Atwood Offshore Drilling Limited  Hong Kong
Atwood Offshore Worldwide Limited  Cayman Islands
ENSCO (Barbados) Limited  Cayman Islands
Ensco (Myanmar) Limited  Myanmar
ENSCO Arabia Co. Ltd.  Saudi Arabia
ENSCO Asia Company LLC  Texas (USA)
ENSCO Asia Pacific Pte. Limited  Singapore
Ensco Associates Company  Cayman Islands
ENSCO Australia Pty. Limited  Australia
ENSCO Capital Limited  Cayman Islands / United Kingdom
ENSCO Corporate Resources LLC  Delaware (USA)
Ensco Deepwater Drilling Limited  England and Wales (UK)
ENSCO Deepwater USA II LLC  Delaware (USA)
ENSCO Development Limited  Cayman Islands
Ensco do Brasil Petróleo e Gás Ltda.  Brazil
Ensco Drilling I Ltd.  Cayman Islands
ENSCO Drilling Mexico LLC  Delaware (USA)
Ensco Endeavors Limited  Cayman Islands / United Kingdom
ENSCO Global GmbH  Switzerland
Ensco Global II Ltd.  Cayman Islands
ENSCO Global Investments LP  England and Wales (UK)
Ensco Global IV Ltd  British Virgin Islands
ENSCO Global Limited  Cayman Islands / United Kingdom

 

 

 

 

ENSCO Global Resources Limited  England and Wales (UK)
Ensco Holdco Limited  England and Wales (UK)
ENSCO Holding Company  Delaware (USA)
Ensco Holdings I Ltd.  Cayman Islands
Ensco Incorporated  Texas (USA)
Ensco Intercontinental GmbH  Switzerland
ENSCO International Incorporated  Delaware (USA)
Ensco International Ltd.  British Virgin Islands / United Kingdom
ENSCO Investments LLC  Nevada (USA) / United Kingdom
Ensco Jersey Finance Limited  Jersey / United Kingdom
ENSCO Limited  Cayman Islands
Ensco Management Corp  British Virgin Islands
ENSCO Maritime Limited  Bermuda
Ensco Mexico Services S.de R.L.  Mexico
Ensco Ocean 2 Company  Cayman Islands
ENSCO Oceanics LLC  Delaware (USA)
ENSCO Oceanics International Company  Cayman Islands
ENSCO Offshore Company  Delaware (USA)
ENSCO Offshore International Company  Cayman Islands
ENSCO Offshore International Holdings Limited  Cayman Islands / United Kingdom
ENSCO Offshore International Inc.  Marshall Islands
Ensco Offshore International LLC  Delaware (USA)
Ensco Offshore Petróleo e Gás Ltda.  Brazil
ENSCO Offshore U.K. Limited  England and Wales (UK)
ENSCO Overseas Limited  Cayman Islands
ENSCO Services Limited  England and Wales (UK)
Ensco Transcontinental II LP  England and Wales (UK)
Ensco Transnational I Limited  Cayman Islands
Ensco Transnational III Limited  Cayman Islands
ENSCO U.K. Limited  England and Wales (UK)
Ensco UK Drilling Limited  England and Wales (UK)
ENSCO United Incorporated  Delaware (USA)
Ensco Universal Holdings I Ltd.  Cayman Islands / United Kingdom
Ensco Universal Holdings II Ltd.  Cayman Islands / United Kingdom
ENSCO Universal Limited  England and Wales (UK)
Ensco Vistas Limited  Cayman Islands
Ensco Worldwide GmbH  Switzerland
EnscoRowan Ghana Drilling Limited  Ghana
Great White Shark Limited  Gibraltar
Green Turtle Limited  Gibraltar
International Technical Services LLC  Delaware (USA)
Manatee Limited  Malta
Manta Ray Limited  Malta
Marine Blue Limited  Gibraltar

 

 

 

 

Offshore Drilling Services LLC  Delaware (USA)
Pacific Offshore Labor Company  Cayman Islands
Petroleum International Pte. Ltd.  Singapore
Pride Global II Ltd  British Virgin Islands
Pride International LLC  Delaware (USA)
Pride International Management Co. LP  Texas (USA)
Ralph Coffman Cayman Limited  Cayman
Ralph Coffman Limited  Gibraltar
Ralph Coffman Luxembourg S.à r.l.  Luxembourg
RCI International, Inc.  Cayman Islands
RD International Services Pte. Ltd.  Singapore
RDC Arabia Drilling, Inc.  Cayman Islands
RDC Holdings Luxembourg S.à r.l.  Luxembourg
RDC Malta Limited  Malta
RDC Offshore Luxembourg S.à r.l.  Luxembourg
RDC Offshore Malta Limited  Malta
RoCal Cayman Limited  Cayman Islands
Rowan 240C#3, Inc.  Cayman Islands
Rowan Companies Limited  England and Wales (UK)
Rowan Companies, LLC  Delaware (USA)
Rowan Drilling (Gibraltar) Limited  Gibraltar
Rowan Drilling (Trinidad) Limited  Cayman Islands
Rowan Drilling (U.K.) Limited  Scotland (UK)
Rowan Drilling S. de R.L. de C.V.  Mexico
Rowan Drilling Services Limited  Gibraltar
Rowan Financial Holdings S.à r.l.  Luxembourg
Rowan International Rig Holdings S.à r.l.  Luxembourg
Rowan Marine Services LLC  Texas (USA)
Rowan N-Class (Gibraltar) Limited  Gibraltar
Rowan No. 1 Limited  England and Wales (UK)
Rowan No. 2 Limited  England and Wales (UK)
Rowan Norway Limited  Gibraltar
Rowan Offshore (Gibraltar) Limited  Gibraltar
Rowan Offshore Luxembourg S.à r.l.  Luxembourg
Rowan Rigs S.à r.l.  Luxembourg
Rowan S. de R.L. de C.V.  Mexico
Rowan Services LLC  Delaware (USA)
Rowan US Holdings (Gibraltar) Limited  Gibraltar
Rowandrill, LLC  Texas (USA)
Valaris Holdco 1 Limited  Bermuda
Valaris Holdco 2 Limited  Bermuda

 

 

 

 

 

Concurrently with the issuance of the Notes, Valaris and certain of its subsidiaries entered into pledge and collateral agreements. Pursuant to the terms of these agreements, the Notes are secured on a first-priority basis by a pledge of the equity interests of the Guarantors and affiliates listed below.

 

Affiliate Pledgee  Class of Security  Percentage Pledged
Alpha Achiever Company  Ordinary Shares  100.00%
Alpha Admiral Company  Ordinary Shares  100.00%
Alpha Archer Company  Ordinary Shares  100.00%
Alpha Aurora Company  Ordinary Shares  100.00%
Alpha Falcon Drilling Company  Ordinary Shares; Class A Shares  100.00%
Alpha Int’l Drilling Company S.à r.l  Ordinary Shares  100.00%
Alpha Mako Company  Ordinary Shares  100.00%
Alpha Manta Company  Ordinary Shares  100.00%
Alpha Offshore Drilling (S) Pte Ltd.  Ordinary Shares  100.00%
Alpha Offshore Drilling Services Company  Ordinary Shares  100.00%
Alpha Offshore International Leasing Limited  Ordinary Shares  100.00%
Alpha Orca Company  Ordinary Shares  100.00%
Alpha South Pacific Holding Company  Ordinary Shares  100.00%
Atlantic Maritime Services LLC  Units  100.00%
Atwood Advantage S.à r.l.  Ordinary Shares  100.00%
Atwood Beacon S.à r.l.  Ordinary Shares  100.00%
Atwood Deep Seas, Ltd.  Partnership Interests  99.00%
Atwood Drilling LLC  Ordinary Shares  100.00%
Atwood Hunter LLC  Ordinary Shares  100.00%
Atwood Malta Holding Company Limited  Class A Shares  > 99.00%
Atwood Oceanics Drilling Mexico S. de R.L. de C.V.  Partnership Interest  99.00%
Atwood Oceanics Global Limited  Ordinary Shares  100.00%
Atwood Oceanics Management LLC  Ordinary Shares  100.00%
Atwood Oceanics Pacific Limited  Ordinary Shares; Class A Shares  100.00%
Atwood Offshore Labor Company  Ordinary Shares  100.00%
Atwood Offshore Worldwide Limited  Ordinary Shares; Class A Shares  64.12%
Drillquest Offshore Company  Ordinary Shares  100.00%
ENSCO (Barbados) Limited  Ordinary Shares  100.00%
ENSCO (Bermuda) Limited  Ordinary Shares  100.00%
Ensco (Myanmar) Limited  Ordinary Shares  100.00%
Ensco (Thailand) Limited  Ordinary Shares  100.00%
ENSCO Arabia Company Limited  Percentage Ownership Interest  100.00%
Ensco Asia Company LLC  Units  100.00%
Ensco Asia Pacific Pte. Limited  Ordinary Shares  100.00%
Ensco Associates Company  Ordinary Shares  100.00%
ENSCO Australia Pty Limited  Ordinary Shares  100.00%
Ensco Capital Limited  Ordinary Shares  100.00%

 

 

 

 

Ensco Corporate Resources LLC  Ordinary Shares  100.00%
ENSCO de Venezuela, S.R.L.  Ordinary Shares  100.00%
ENSCO Deepwater Drilling Limited  Ordinary Shares  100.00%
Ensco Deepwater USA II LLC  Non-Assessable Member Units  100.00%
Ensco do Brasil Petróleo e Gás Ltda.  Quotas  100.00%
ENSCO Drilling (Caribbean), Inc.  Ordinary Shares  100.00%
Ensco Drilling Company (Nigeria) Limited  Ordinary Shares  100.00%
ENSCO Drilling Company LLC  Ordinary Shares  100.00%
Ensco Drilling I Ltd.  Ordinary Shares  100.00%
ENSCO Drilling Mexico LLC  Units  100.00%
Ensco Endeavors Limited  Ordinary Shares  100.00%
ENSCO Gerudi (M) Sdn. Bhd.  Ordinary Shares  49.00%
ENSCO Global GmbH  Percentage Ownership Interest  100.00%
Ensco Global II Ltd.  Ordinary Shares  100.00%
ENSCO Global Investment LP  Partnership Interests  95.00%
ENSCO Global IV Ltd.  Shares  100.00%
Ensco Global Limited  Ordinary Shares  100.00%
Ensco Global Resources Limited  Ordinary Shares  100.00%
Ensco Holdco Limited  Ordinary Shares  100.00%
ENSCO Holding Company  Shares  100.00%
Ensco Holdings I Ltd.  Ordinary Shares  100.00%
Ensco Holland B.V.  Ordinary Shares  100.00%
ENSCO Incorporated  Common Stock  100.00%
ENSCO Intercontinental GmbH  Percentage Ownership Interest  100.00%
Ensco International Incorporated  Common Stock  100.00%
Ensco International Ltd.  Ordinary Shares  100.00%
Ensco Investments LLC  Ordinary Shares  100.00%
ENSCO Labuan Limited  Ordinary Shares  100.00%
ENSCO Limited  Ordinary Shares  100.00%
ENSCO Maritime Limited  Ordinary Shares  100.00%
Ensco Mexico Services, S. de R.L. de C.V.  Partnership Interests  100.00%
Ensco North America LLC  Percentage Ownership Interest  100.00%
ENSCO Ocean 1 Company  Ordinary Shares  88.29%
ENSCO Ocean 2 Company  Ordinary Shares  100.00%
ENSCO Oceanics Company LLC  Units  100.00%
Ensco Oceanics International Company  Ordinary Shares  100.00%
Ensco Offshore Company  Ordinary Shares  100.00%
ENSCO Offshore International Company  Ordinary Shares  100.00%
ENSCO Offshore International Holdings Limited  Ordinary Shares  100.00%
ENSCO Offshore International Inc.  Registered Shares  100.00%
Ensco Offshore International LLC  Percentage Ownership Interest  100.00%

 

 

 

 

Ensco Offshore Petróleo e Gás Ltda.  Quotas  100.00%
Ensco Offshore Services LLC  Units  100.00%
ENSCO Offshore U.K. Limited  Ordinary Shares  100.00%
ENSCO Overseas Limited  Ordinary Shares  100.00%
Ensco Services Limited  Ordinary Shares  100.00%
ENSCO Services LLC  Units  100.00%
Ensco South Pacific LLC  Percentage Ownership Interest  100.00%
Ensco Transcontinental I LLC  Ordinary Shares  100.00%
Ensco Transcontinental II LLC  Ordinary Shares  100.00%
Ensco Transnational I Ltd.  Ordinary Share  100.00%
Ensco Transnational II Ltd.  Ordinary Share  100.00%
Ensco Transnational III Ltd.  Ordinary Share  100.00%
Ensco Transnational Limited  Ordinary Shares  100.00%
ENSCO U.K. Limited  Ordinary Shares  100.00%
Ensco UK Drilling Limited  Ordinary Shares  100.00%
ENSCO United Incorporated  Ordinary Shares  100.00%
Ensco Universal Holdings I Ltd.  Ordinary Shares  100.00%
ENSCO Universal Holdings II Ltd.  Ordinary Shares  6.25%
ENSCO Universal Limited  Ordinary Shares  100.00%
Ensco Vistas Limited  Ordinary Shares  100.00%
ENSCO Worldwide GmbH  Ordinary Shares  100.00%
Ensco Worldwide Holdings Ltd.  Ordinary Shares  100.00%
Forasub B.V.  Ordinary Shares  100.00%
Great White Shark Limited  Ordinary Shares  100.00%
Green Turtle Limited  Ordinary Shares  100.00%
Manatee Limited  Ordinary Shares  100.00%
Manta Ray Limited  Ordinary Shares  100.00%
Offshore Drilling Services LLC  Units  100.00%
P.T. ENSCO Sarida Offshore  Ordinary Shares  49.00%
Pride Arabia Co. Ltd.  Ordinary Shares  25.00%
Pride Global II Ltd.  Shares  100.00%
Pride Global Offshore Nigeria Limited  Ordinary Shares  100.00%
Pride International LLC  Shares  100.00%
Ralph Coffman Cayman Limited  N/A (Uncertificated)  100.00%
Ralph Coffman Luxembourg S.à r.l.  Percentage Ownership Interests  100.00%
RD International Services Pte. Ltd.  Shares  100.00%
RDC Arabia Drilling, Inc.  Ordinary Shares  100.00%
RDC Holdings Luxembourg S.à r.l.  Percentage Ownership Interest  100.00%
RDC Malta Limited  Ordinary Shares  100.00%
RDC Offshore Luxembourg S.à r.l.  Percentage Ownership Interest  100.00%
RDC Offshore Malta Limited  Percentage Ownership Interest  100.00%

 

 

 

 

Rowan Angola Limitada  Percentage Ownership Interest  100.00%
Rowan California S.à r.l.  Percentage Ownership Interest  100.00%
Rowan Deepwater Drilling (Gibraltar) Limited  Ordinary Shares  100.00%
Rowan do Brasil Servicos de Perfuracao Ltda.  Percentage Ownership Interest  > 99.00%
Rowan Drilling (Gibraltar) Limited  Ordinary Shares  100.00%
Rowan Drilling (Trinidad) Limited  Ordinary Shares  100.00%
Rowan Drilling (U.K.) Limited  Ordinary Shares  100.00%
Rowan Drilling Cyprus Limited  Ordinary Shares  100.00%
Rowan Drilling Services Limited  Ordinary Shares  100.00%
Rowan Drilling Services Nigeria Limited  Ordinary Shares  100.00%
Rowan Drilling, S. De R.L. De C.V.  Percentage Ownership Interest  99.90%
Rowan Egypt Petroleum Services L.L.C.  Quotas  50.00%
Rowan Finanz S.à r.l.  Percentage Ownership Interest  100.00%
ROWAN Global Drilling Services Limited  Ordinary Shares  100.00%
Rowan Holdings Luxembourg S.à r.l.  Percentage Ownership Interest  100.00%
Rowan International Rig Holdings S.à r.l.  Ordinary Shares  100.00%
Rowan Marine Services LLC  LLC Interests  100.00%
Rowan Middle East, Inc.  Rowan Middle East, Inc.  100.00%
Rowan N-Class (Gibraltar) Limited  Ordinary Shares  100.00%
Rowan No. 2 Limited  Shares  100.00%
Rowan North Sea, Inc.  Ordinary Shares  100.00%
Rowan Norway Limited (FKA Rowan (Gibraltar) Limited)  Ordinary Shares  100.00%
Rowan Offshore (Gibraltar) Limited  Ordinary Shares  100.00%
Rowan Offshore Luxembourg S.à r.l.  Shares  100.00%
Rowan Relentless Luxembourg S.à r.l.  Percentage Ownership Interest  100.00%
Rowan Reliance Luxembourg S.à r.l.  Percentage Ownership Interest  100.00%
Rowan Renaissance Luxembourg S.à r.l.  Percentage Ownership Interest  100.00%
Rowan Resolute Luxembourg S.à r.l.  Percentage Ownership Interest  100.00%
Rowan Rex Limited (Cayman)  Ordinary Shares  100.00%
Rowan Rigs S.à r.l.  Percentage Ownership Interest  100.00%
Rowan Services LLC  Percentage Ownership Interest  100.00%
Rowan Standard Ghana Limited  Ordinary Shares  49.00%
Rowan US Holdings (Gibraltar) Limited  Ordinary Shares  73.86%
Rowan, S. de R.L. de C.V.  Social Part  99.00%
Rowandrill Labuan Limited  Ordinary Shares  100.00%
Rowandrill Malaysia Sdn. Bhd.  Ordinary Shares  49.00%
Swiftdrill Offshore Drilling Services Company  Ordinary Shares  100.00%
Valaris Holdco 1 Limited  Ordinary Shares  100.00%
Valaris Holdco 2 Limited  Ordinary Shares  100.00%