Maersk wins contracts for two offshore drilling rigs

Offshore staff

COPENHAGEN, Denmark – BP Norway has extended the contract for the jackup Maersk Reacher by two years from September 2014 to September 2016.

Estimated value of the extension is $222 million, and BP Norway has options to prolong the contract by up to four more years until September 2020.

Kosmos Energy has arranged a rig-share with BP and Maersk Drilling for the semisubmersible Maersk Discoverer.

The rig is expected to start drilling the FA-1 exploration well on the Foum Assaka block offshore Morocco during the first half of this year. The well is estimated to take around three months to complete.

According to partner Fastnet, the Foum Assaka concession could hold 360 MMboe of Pmean resources.

01/03/2014

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...