22 C
Georgetown
Tuesday, October 27, 2020

Maersk Drilling bags exploration contract for one-well campaign in Suriname

Must Read

CNOOC records 131.2 million boe for Q3 2020, Guyana remains key overseas project

China National Offshore Oil Corporation (CNOOC), a 25% stakeholder in Guyana’s Stabroek Block, said it achieved a total net...

PETRONAS reports 2 dead in vessel collision with platform structures off Malaysia

Malaysian oil and gas company PETRONAS said Tuesday an incident involving a vessel which made contact with platform structures...

As Guyana FPSO orders grow, one quarter of global floater fleet under threat of being scrapped

The pandemic-driven downturn in the oil and gas industry is threatening the global floater fleet which could see up...
OilNOW
OilNow is an online-based Information and Resource Centre which serves to complement the work of all stakeholders in the oil and gas sector in Guyana.

Maersk Drilling has secured a contract for the semi-submersible rig Mærsk Developer which will be employed by PETRONAS Suriname Exploration & Production B.V. for a one-well exploration campaign in Block 52 offshore Suriname.

The contract is expected to commence in Q3/Q4 2020, with an estimated duration of 75 days. The value of the firm contract is approximately USD 20.4m, including integrated drilling services, mobilisation and demobilisation fees. The contract includes an additional one-well option.

“It is great to work for PETRONAS again with a quick reactivation of Mærsk Developer for this campaign in the exciting Suriname-Guyana basin. This will showcase our ability to smoothly and efficiently establish operations in new jurisdictions, as Mærsk Developer will become the first of our rigs to operate offshore Suriname,” says COO Morten Kelstrup of Maersk Drilling.

The Mærsk Developer is a DSS-21 column-stabilised dynamically positioned semi-submersible rig, able to operate in water depths up to 10,000ft. It is currently warm-stacked in Aruba after ending its latest contract offshore Trinidad and Tobago.

- Advertisement -

Latest News

CNOOC records 131.2 million boe for Q3 2020, Guyana remains key overseas project

China National Offshore Oil Corporation (CNOOC), a 25% stakeholder in Guyana’s Stabroek Block, said it achieved a total net...

Venezuela crude inventories mount as exports drop ahead of sanctions deadline

(Reuters) Crude inventories at Venezuela’s main oil export terminal, Jose, have hit their highest levels since August as customers shy away from state oil...

BP drops operatorship of sensitive exploration block offshore Brazil

(S&P Global Platts) BP has handed over operatorship of an environmentally sensitive exploration block offshore Brazil in the Amazon Delta to state-run oil company...

PETRONAS reports 2 dead in vessel collision with platform structures off Malaysia

Malaysian oil and gas company PETRONAS said Tuesday an incident involving a vessel which made contact with platform structures occurred at the Baram field,...

As Guyana FPSO orders grow, one quarter of global floater fleet under threat of being scrapped

The pandemic-driven downturn in the oil and gas industry is threatening the global floater fleet which could see up to a quarter of the...

More Articles Like This