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Maersk Drilling bags double-rig 500-day contracts for Suriname forays

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Based on the previously announced Conditional Letter of Award, Maersk Drilling said on Sunday that it has been awarded contracts for the deepwater rigs Maersk Valiant and Mærsk Developer from Total E&P Suriname, Suriname Branch, for Total’s exploration and appraisal project in Suriname’s Block 58.

Mærsk Developer and Maersk Valiant will be employed for an estimated combined total duration of 500 days. Mærsk Developer is expected to commence operations in January 2021, while Maersk Valiant is expected to commence operations in March 2021. The total value of the firm contracts is approximately USD 100m, including rig modifications, integrated services provided, and a mobilisation fee for Maersk Valiant. The contracts include various extension options.

“We’re thrilled to firm up these contracts, adding further to our long-standing relationship with Total for whom we have a great track record from our collaboration on a number of deepwater exploration projects,” said COO Morten Kelstrup of Maersk Drilling. “We’re happy to add to our presence in the exciting Suriname-Guyana basin and will be able to leverage the fact that Mærsk Developer is already operating offshore Suriname to quickly start up operations including provision of a range of integrated services to maximise efficiency.”

Mærsk Developer is a DSS-21 column-stabilised dynamically positioned semi-submersible rig, able to operate in water depths up to 10,000 ft. It was delivered in 2009 and is currently mobilising for the Total campaign after recently completing a contract offshore Suriname.

Maersk Valiant is a high-specification 7th generation drillship with integrated Managed Pressure Drilling capability which was delivered in 2013. It is currently warm-stacked in Aruba after finishing a campaign offshore Mexico in June 2020.

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