Maersk Drilling Lays Off About 120 GOM Workers

Maersk Drilling USA, Inc. is laying off 122 offshore employees who work aboard the Maersk Valiant, an ultra deepwater rig located in the Gulf of Mexico. According to details sent to the Texas Workforce Commission, the affected employees report directly to Maersk Drilling USA’s office located in Houston.

The employees were notified of the layoffs July 28 and will remain employed for 60 days after receiving the notice. The layoffs are expected to be permanent.

The reason for the layoffs is because of an early termination agreement of the Valiant, signed by Maersk Drilling, ConocoPhillips and Marathon Oil Corporation, effective mid-September. The rig was on a joint contract with Marathon Oil and ConocoPhillips since June 2014 and was originally scheduled to end September 2017.

“With the termination of the Maersk Valiant, we are reminded of the extremely challenging conditions in the offshore oil and gas market,” Michael Reimer Mortensen, Maersk Drilling’s head of global sales, said in a July 28 press statement.

Maersk Drilling will be financially neutral to the original contract under the early termination agreement.

Valerie is an experienced writer and editor dedicated to providing useful and relevant career news about the oil and gas industry. Email Valerie at valerie.jones@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Valerie Jones
Senior Editor | Rigzone
 -  What Will Happen to Experienced Oil, G... (Aug 16)
 -  More than 100 Oil, Gas Job Cuts Coming... (Aug 14)
 -  BLOG: Fatigue May Be Debilitating Your... (Aug 10)
 -  Where Did the Oil, Gas Workers Go? (Aug 9)
 -  US Jobs Report: Mining and Oil, Gas Em... (Aug 4)


Most Popular Articles

From the Career Center
Jobs that may interest you
US, Houston, TX: Principal Administrative Specialist
Expertise: Secretarial or Administrative
Location: Houston, TX
 
Senior Vice President, Operations
Expertise: Executive|Operations Management
Location: Houston, TX
 
Benefits Analyst
Expertise: HR - General
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $52.72/BBL 3.31%
Light Crude Oil : $48.51/BBL 3.01%
Natural Gas : $2.89/MMBtu 1.36%
Updated in last 24 hours