The parties have further agreed that Maersk Drilling will be given exclusive options to work on a selected number of Petrogas' planned projects in the Dutch sector in 2021 and 2022.
'The three-well contract and the exclusivity agreement are yet another testament to our strong relationship with Petrogas. We are very pleased to be given the opportunity to continue our great collaboration and leverage the design of our R-class rig capabilities to support Petrogas' business in one of their core markets in the Netherlands,' says Claus Bachmann, Head of North Sea Division in Maersk Drilling.
Separately, the previously announced contract with Petrogas North Sea Ltd for the drilling of one well at the Birgitta field in the UK sector of the North Sea will be cancelled and Maersk Drilling will receive compensation via a termination fee. Maersk Drilling retains an exclusive option with Petrogas North Sea to drill the Birgitta well in 2021 at rates reflecting the expected 2021 market.
Maersk Resilient is a 350 ft., Gusto-engineered MSC CJ 50 high-efficiency jack-up rig which was delivered in 2008. It is currently mobilising for the campaign for Petrogas in the Netherlands and thereafter Serica Energy UK Ltd.
Maersk Drilling A/S published this content on 05 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 November 2020 06:11:01 UTC