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Maersk Drilling Awarded One Well Exploration Contract by PETRONAS

Source: www.gulfoilandgas.com 6/30/2020, Location: Not categorized

Maersk Drilling has secured a contract for the semi-submersible rig Maersk Developer which will be employed by PETRONAS Suriname Exploration & Production for a one-well exploration campaign in Block 52 offshore Suriname. The contract is expected to commence in Q3/Q4 2020, with an estimated duration of 75 days. The value of the firm contract is approx. USD 20.4m, including integrated drilling services, mobilisation and demobilization fees. The contract includes an additional one-well option.

'It is great to work for PETRONAS again with a quick reactivation of Maersk Developer for this campaign in the exciting Suriname-Guyana basin. This will showcase our ability to smoothly and efficiently establish operations in new jurisdictions, as Maersk Developer will become the first of our rigs to operate offshore Suriname,' says COO Morten Kelstrup of Maersk Drilling.

The Maersk Developer is a DSS-21 column-stabilised dynamically positioned semi-submersible rig, able to operate in water depths up to 10,000ft. It is currently warm-stacked in Aruba after ending its latest contract offshore Trinidad and Tobago.

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