FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

GOLDMAN SACHS GROUP INC

2. Date of Event Requiring Statement (MM/DD/YYYY)
8/20/2019 

3. Issuer Name and Ticker or Trading Symbol

Valaris plc [VAL]

(Last)        (First)        (Middle)

200 WEST STREET

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          ___X___ 10% Owner
_____ Officer (give title below)        _____ Other (specify below)

(Street)

NEW YORK, NY 10282      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)

 

6. Individual or Joint/Group Filing(Check Applicable Line)

___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Units 20282861 I See footnotes (1)(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Convertible Bonds  (3)1/31/2024 (3)Common Units 636074.58 (3)$56.074 I See footnotes (1)(2)

Explanation of Responses:
(1) This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman Sachs & Co. LLC ("Goldman Sachs" and together with GS Group, the "Reporting Persons"). Goldman Sachs is a subsidiary of GS Group. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein. On the date listed Column 2, the Reporting Persons experienced an increase in their beneficial ownership of Valaris plc (the "Issuer") but did not experience an increase in their pecuniary interest in the Issuer. On August 21, 2019, the Reporting Persons experienced a decrease in their beneficial ownership that reduced their beneficial ownership to below 10% but did not experience a change in their pecuniary interest.
(2) The Common Units of the Issuer reported herein as indirectly purchased were beneficially owned directly by Goldman Sachs and indirectly by GS Group.
(3) Pursuant to the terms of the ENSCO Jersey Finance Limited convertible bond, Goldman Sachs may exchange all or a portion of its convertible bonds at any time for Common Units of the Issuer on a 1-for-17.8336 basis.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
GOLDMAN SACHS GROUP INC
200 WEST STREET
NEW YORK, NY 10282

X

GOLDMAN SACHS & CO. LLC
200 WEST STREET
NEW YORK, NY 10282

X


Signatures
/s/ Jennifer Lee, Attorney-in-fact8/28/2019
**Signature of Reporting PersonDate

/s/ Jennifer Lee, Attorney-in-fact8/28/2019
**Signature of Reporting PersonDate

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