Brunei Shell Petroleum (BSP) has exercised the contract extension option for the Maersk Drilling jackup rig Maersk Convincer that allows the rig to continue operating offshore Brunei Darussalam.
The contract extension has an expected duration of 602 days and will commence in May 2021 in direct continuation of the rig's current work scope, which means that Maersk Convincer is now contracted by BSP until the end of 2022.
The extension has a firm contract value of approximately US$47 million, excluding a potential performance bonus.
