Maersk Drilling wins contracts worth $100 million

18/01/2021
Maersk Valiant . Pic credit Maersk Drilling

TOTAL has confirmed the award to Maersk Drilling of contracts worth $100 million for its exploration and appraisal campaign in Suriname’s Block 58.

The Maersk Developer and Maersk Valiant rigs will be chartered for about 500 days in total.

Subscribe to our daily newsletter

Why? Free to subscribe, no paywall, daily business news digest.

Maersk Developer is expected to commence operations in January 2021, while Maersk Valiant is to start in March 2021.

The contracts include various extension options.
Morten Kelstrup, Maersk Drilling chief operating officer, said: “We’re thrilled to firm up these contracts, adding further to our long-standing relationship with Total for whom we have a great track record from our collaboration on a number of deepwater exploration projects.

“We’re happy to add to our presence in the exciting Suriname-Guyana basin and will be able to leverage the fact that Maersk Developer is already operating offshore Suriname to quickly start up operations including provision of a range of integrated services to maximise efficiency.”

 

The latest stories

Controls technology firm secures contract to supply Multiphase Sampling Unit (MPSU) 
Rising stars celebrated at Aberdeen business awards showcase
Almost 40 retailers line up for the first Shop Aberdeen long weekend to boost city centre
New name in subsea integrity management exceeds first quarter expectations with £500,000 projects