Maersk Drilling awarded two-well contract
Maersk Drilling has secured a contract from Dana Petroleum Netherlands B.V. to drill two development wells as part of Project Unity in the Dutch sector of the North Sea. The harsh-environment jack-up rig to be used for the job is yet to be assigned. The contract is expected to commence in Q2 2021, with an estimated duration of 121 days. The contract value is approximately USD 12.1m.
Further, Maersk Drilling and Dana Petroleum Denmark B.V. have agreed to defer the previously announced one-well contract in the Danish sector which was originally expected to commence in May 2020. The updated date of commencement will be determined at a later stage, and the rig to be used is yet to be assigned. Maersk Drilling expects to receive compensation in the form of a deferral fee.
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