Drilling & Production

Maersk Drilling awarded one-well exploration contract by Petronas

Baird Maritime

Maersk Drilling has secured a contract for the semi-submersible rig Mærsk Developer which will be employed by Petronas Suriname Exploration and Production for a one-well exploration campaign in Block 52 offshore Suriname.

The contract is expected to commence in either the third or the fourth quarter of 2020 and will have an estimated duration of 75 days.

The value of the firm contract is approximately US$20.4 million. This includes integrated drilling services, mobilisation, and demobilisation fees.

The contract also includes an additional one-well option.