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  <xsd:element id="val_EquityMethodInvestmentSummarizedFinancialInformationGeneralAndAdministrativeExpense" name="EquityMethodInvestmentSummarizedFinancialInformationGeneralAndAdministrativeExpense" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="val_EquityMethodInvestmentSummarizedFinancialInformationInterestIncome" name="EquityMethodInvestmentSummarizedFinancialInformationInterestIncome" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="val_EquityMethodInvestmentSummarizedFinancialInformationInterestReceivable" name="EquityMethodInvestmentSummarizedFinancialInformationInterestReceivable" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element id="val_EquityMethodInvestmentSummarizedFinancialInformationOperatingIncome" name="EquityMethodInvestmentSummarizedFinancialInformationOperatingIncome" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="val_EquityMethodInvestmentSummarizedFinancialInformationOtherExpenseNet" name="EquityMethodInvestmentSummarizedFinancialInformationOtherExpenseNet" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="val_EquityMethodInvestmentSummarizedFinancialInformationProvisionForIncomeTaxes" name="EquityMethodInvestmentSummarizedFinancialInformationProvisionForIncomeTaxes" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="val_EquityinEarningsofSubsidiariesNetofTax" name="EquityinEarningsofSubsidiariesNetofTax" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_FivePointSevenFivePercentSeniorNotesMember" name="FivePointSevenFivePercentSeniorNotesMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_FivePointTwoPercentSeniorNotesMember" name="FivePointTwoPercentSeniorNotesMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_FloatersMember" name="FloatersMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_FourPointFivePercentSeniorNotesMemberMember" name="FourPointFivePercentSeniorNotesMemberMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_FourPointSevenZeroPercentSeniorNotesMember" name="FourPointSevenZeroPercentSeniorNotesMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="val_IncomeLossFromEquityMethodInvestmentsAmortizationOfBasisDifference" name="IncomeLossFromEquityMethodInvestmentsAmortizationOfBasisDifference" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="val_IncomeLossFromEquityMethodInvestmentsOwnershipInterest" name="IncomeLossFromEquityMethodInvestmentsOwnershipInterest" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="val_IncomeLossfromContinuingOperationsAttributabletoParentAvailabletoCommonStockholders" name="IncomeLossfromContinuingOperationsAttributabletoParentAvailabletoCommonStockholders" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="val_Incometaxexpenseadjustedfordiscreteitems" name="Incometaxexpenseadjustedfordiscreteitems" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="val_InitialContractTermsOnRigsOwned" name="InitialContractTermsOnRigsOwned" nillable="true" substitutionGroup="xbrli:item" type="xbrli:durationItemType" xbrli:periodType="duration" />
  <xsd:element id="val_IntangibleLiabilitiesNoncurrent" name="IntangibleLiabilitiesNoncurrent" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element id="val_InvestmentinandadvancestoConsolidatedSubsidiaries" name="InvestmentinandadvancestoConsolidatedSubsidiaries" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element abstract="true" id="val_JackupsMember" name="JackupsMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="val_LeaseRevenueFromRelatedParty" name="LeaseRevenueFromRelatedParty" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="val_LiabilitiesCurrentOther" name="LiabilitiesCurrentOther" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element id="val_LossofHireInsurancePerDay" name="LossofHireInsurancePerDay" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="val_MaximumContingentContributionsToJointVenture" name="MaximumContingentContributionsToJointVenture" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element id="val_MinimumRenewalContractTermsForNewBuildRigs" name="MinimumRenewalContractTermsForNewBuildRigs" nillable="true" substitutionGroup="xbrli:item" type="xbrli:durationItemType" xbrli:periodType="duration" />
  <xsd:element id="val_NumberOfDrillingManagementContracts" name="NumberOfDrillingManagementContracts" nillable="true" substitutionGroup="xbrli:item" type="xbrli:integerItemType" xbrli:periodType="instant" />
  <xsd:element id="val_NumberofNewbuildJackupRigs" name="NumberofNewbuildJackupRigs" nillable="true" substitutionGroup="xbrli:item" type="xbrli:integerItemType" xbrli:periodType="instant" />
  <xsd:element id="val_NumberofRigsOwnedbyARO" name="NumberofRigsOwnedbyARO" nillable="true" substitutionGroup="xbrli:item" type="xbrli:integerItemType" xbrli:periodType="instant" />
  <xsd:element id="val_NumberofjackupsleasedbyARO" name="NumberofjackupsleasedbyARO" nillable="true" substitutionGroup="xbrli:item" type="xbrli:integerItemType" xbrli:periodType="instant" />
  <xsd:element abstract="true" id="val_OpenMarketRepurchasesMember" name="OpenMarketRepurchasesMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="val_OrderPeriod" name="OrderPeriod" nillable="true" substitutionGroup="xbrli:item" type="xbrli:durationItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_OtherCustomersMember" name="OtherCustomersMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_OtherGeographicAreasMember" name="OtherGeographicAreasMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_OtherNonGuarantorSubsidiariesMember" name="OtherNonGuarantorSubsidiariesMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_PrideInternationalIncMember" name="PrideInternationalIncMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_PrideInternationalIncandEnscoInternationalIncMember" name="PrideInternationalIncandEnscoInternationalIncMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="val_ProceedsFromPaymentsForOtherFinancingActivitiesExcludingProceedsFromPaymentsForExerciseOfStockOptions" name="ProceedsFromPaymentsForOtherFinancingActivitiesExcludingProceedsFromPaymentsForExerciseOfStockOptions" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_ReconcilingItemsMember" name="ReconcilingItemsMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_RowanCompaniesMember" name="RowanCompaniesMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_RowanSeniorNotesMember" name="RowanSeniorNotesMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_SaudiAramcoMemberDomain" name="SaudiAramcoMemberDomain" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="val_ScheduleOfActivityInOurVariousShareholdersEquityTableTextBlock" name="ScheduleOfActivityInOurVariousShareholdersEquityTableTextBlock" nillable="true" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType" xbrli:periodType="duration" />
  <xsd:element id="val_ScheduleOfCondensedConsolidatedBalanceSheetTableTextBlock" name="ScheduleOfCondensedConsolidatedBalanceSheetTableTextBlock" nillable="true" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType" xbrli:periodType="duration" />
  <xsd:element id="val_ScheduleOfCondensedConsolidatedStatementsOfCashFlowsTableTextBlock" name="ScheduleOfCondensedConsolidatedStatementsOfCashFlowsTableTextBlock" nillable="true" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType" xbrli:periodType="duration" />
  <xsd:element id="val_ScheduleOfCondensedConsolidatedStatementsOfIncomeTableTextBlock" name="ScheduleOfCondensedConsolidatedStatementsOfIncomeTableTextBlock" nillable="true" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType" xbrli:periodType="duration" />
  <xsd:element id="val_ScheduleOfSegmentReportingInformationByGeographicalSegmentTableTextBlock" name="ScheduleOfSegmentReportingInformationByGeographicalSegmentTableTextBlock" nillable="true" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_ScheduleofRevenuesbyGeographicalLocationAbstract" name="ScheduleofRevenuesbyGeographicalLocationAbstract" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration" />
  <xsd:element id="val_SecondmentRevenueRelatedParty" name="SecondmentRevenueRelatedParty" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element id="val_SeniorNoteMaturityYear" name="SeniorNoteMaturityYear" nillable="true" substitutionGroup="xbrli:item" type="xbrli:gYearItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_SevenPointEightSevenFivePercentSeniorNotesMember" name="SevenPointEightSevenFivePercentSeniorNotesMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_SevenPointSevenFivePercentSeniorNotesDueTwoThousandTwentySixMember" name="SevenPointSevenFivePercentSeniorNotesDueTwoThousandTwentySixMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_SevenPointTwoZeroPercentDebenturesDueTwoThousandTwentySevenMember" name="SevenPointTwoZeroPercentDebenturesDueTwoThousandTwentySevenMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_SevenPointTwoZeroPercentDebenturesMember" name="SevenPointTwoZeroPercentDebenturesMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="val_ShareholderNotesReceivableTerms" name="ShareholderNotesReceivableTerms" nillable="true" substitutionGroup="xbrli:item" type="xbrli:durationItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_ShareholdersEquityAbstract" name="ShareholdersEquityAbstract" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration" />
  <xsd:element id="val_SharesIssuedUnderShareBasedCompensationPlansShares" name="SharesIssuedUnderShareBasedCompensationPlansShares" nillable="true" substitutionGroup="xbrli:item" type="xbrli:sharesItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_SixPointEightSevenFivePercentSeniorNotesDueTwoThousandTwentyMember" name="SixPointEightSevenFivePercentSeniorNotesDueTwoThousandTwentyMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="val_SubsidiaryOwnershipPercentagebyParent" name="SubsidiaryOwnershipPercentagebyParent" nillable="true" substitutionGroup="xbrli:item" type="num:percentItemType" xbrli:periodType="instant" />
  <xsd:element id="val_SupplementalExecutiveRetirementPlanLiabilities" name="SupplementalExecutiveRetirementPlanLiabilities" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element abstract="true" id="val_SupplementalFinancialInformationAbstract" name="SupplementalFinancialInformationAbstract" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration" />
  <xsd:element id="val_TaxAssessment" name="TaxAssessment" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration" />
  <xsd:element id="val_TaxAssessmentLiability" name="TaxAssessmentLiability" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant" />
  <xsd:element abstract="true" id="val_ThreePercentExchangeableSeniorNotesDueTwoThousandTwentyFourMember" name="ThreePercentExchangeableSeniorNotesDueTwoThousandTwentyFourMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_ThreepercentexchangeableseniornotesduetwentytwentyfourMember" name="ThreepercentexchangeableseniornotesduetwentytwentyfourMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="val_TotalFinancialAssets" name="TotalFinancialAssets" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant" />
  <xsd:element id="val_TotalNumberOfContractDrillingRigs" name="TotalNumberOfContractDrillingRigs" nillable="true" substitutionGroup="xbrli:item" type="xbrli:integerItemType" xbrli:periodType="instant" />
  <xsd:element abstract="true" id="val_TotalS.A.Member" name="TotalS.A.Member" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element id="val_TransitionServicesRevenueRelatedParty" name="TransitionServicesRevenueRelatedParty" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_UnauditedCondensedConsolidatedFinancialStatementsAbstract" name="UnauditedCondensedConsolidatedFinancialStatementsAbstract" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration" />
  <xsd:element id="val_Unrecognizedtaxbenefitmaximumexposure" name="Unrecognizedtaxbenefitmaximumexposure" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_UpfrontRigMobilizationsAndCertainContractPreparationMember" name="UpfrontRigMobilizationsAndCertainContractPreparationMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_UsGulfOfMexicoMember" name="UsGulfOfMexicoMember" nillable="true" substitutionGroup="xbrli:item" type="nonnum:domainItemType" xbrli:periodType="duration" />
  <xsd:element abstract="true" id="val_WeightedAverageCommonSharesOutstanding" name="WeightedAverageCommonSharesOutstanding" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration" />
</xsd:schema>
