BP Contracts Maersk Rig for Trinidad Campaign

Tuesday, December 17, 2019

Maersk Drilling informs it has secured a three-well contract for the semi-submersible rig Maersk Discoverer with BP for development drilling at the Matapal project offshore Trinidad and Tobago.

The contract has an estimated duration of 322 days and is expected to commence in July 2020. The value of the firm contract is approximately $78 million, including a mobilization fee. The contract contains an additional one-well option.

The Maersk Discoverer is a DSS-21 column-stabilized dynamically positioned semi-submersible drilling rig, able to operate in water depths up to 10,000 ft. It is currently operating offshore Egypt.

“It is obviously exciting for us to see Maersk Discoverer go to Trinidad for BP, for whom the rig has performed successful operations offshore Egypt for the last six years, including the shallowest water well ever drilled in dynamic positioning mode for both BP and Maersk Drilling which delivered significant cost savings to the customer. We are very pleased that BP is recognizing Maersk Discoverer’s qualities by re-signing the rig for this new campaign,” says Morten Kelstrup, COO of Maersk Drilling.

Categories: Contracts Drilling Activity South America

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