Maersk Drilling finds work for warm-stacked jack-up

Business & Finance

Danish drilling contractor Maersk Drilling has been awarded a new contract with Petrogas E&P Netherlands B.V. for the jack-up rig, Maersk Resolute.

Maersk Drilling said on Monday that the firm contract covers the drilling of the two wells, A8 and A9 in the A12 block of the Dutch continental shelf. The drilling of the two wells is estimated to have a duration of 75 days. Furthermore, there is an option to extend the contract for up to 5 additional wells.

According to the driller, operations are expected to start in June 2017 in the Dutch sector of the North Sea.

Maersk Resolute is currently warm-stacked in the Port of Esbjerg, Denmark and has now started preparing for the upcoming drilling campaign. The rig arrived at the port in May last year for service and maintenance.

Michael Reimer Mortensen, Vice President and Head of Global Sales in Maersk Drilling, said: “I am very pleased that Maersk Drilling has been able to secure a new contract for the jack-up, Maersk Resolute. Despite the current market situation, Maersk Drilling continues to be able to build on its contract backlog.”

The rig, of a MSC CJ50-X100 MC type, was built by Keppel FELS in 2008.