ADVERTISEMENT

Petronas Hires Maersk Rig for Suriname Drilling

Source: Maersk Drilling.

Malaysian oil company Petronas has hired Maersk Drilling’s rig Maersk Developer for a one-well exploration campaign off the coast of Suriname.

The campaign will take place in Block 52 which covers an area of 1,834 sq mi in the Suriname-Guyana basin.

Maersk Drilling said the contract is expected to start in Q3 or Q4 2020, with an estimated duration of 75 days.

The value of the contract is approximately $20.4 million, including integrated drilling services, mobilization, and demobilization fees.

The contract includes an additional one-well option.

In May, Petronas completed the farm-down of 50% of its participating interest in Block 52 offshore Suriname to ExxonMobil Exploration and Production Suriname.

The Maersk Developer is a DSS-21 column-stabilized dynamically positioned semisubmersible rig, able to operate in water depths up to 10,000 ft. It is currently warm-stacked in Aruba following its latest contract offshore Trinidad and Tobago.

Petronas Hires Maersk Rig for Suriname Drilling

Lynnmarie P. Flowers, Technology Editor

01 August 2020

Volume: 72 | Issue: 8

ADVERTISEMENT


STAY CONNECTED

Don't miss out on the latest technology delivered to your email weekly.  Sign up for the JPT newsletter.  If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.

 

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT