Maersk Deliverer Receives $378M Contract to Continue Work Offshore Angola
Maersk Drilling announced Thursday that Cabinda Gulf Oil Company Limited, a Chevron subsidiary in Angola, has extended the current contract for the Maersk Deliverer (UDW semisub) expiring in June 2015 by two years. Mærsk Deliverer has since 2012 been working for Chevron and its partners on the Tombua Landana field offshore Angola. With the contract extension the rig will be on contract until June 2017. The estimated revenue potential from the two-year contract extension is $387 million plus compensation for cost escalations over the contract period.
“We are very pleased to be able to extend our relationship with Chevron on this project, and look forward to a continued successful drilling operation. With its high growth potential Angola is a focus market of Maersk Drilling, and our ambition is to further build our position in this market over the coming years,” says Claus V. Hemmingsen, CEO in Maersk Drilling and member of the Executive Board in the Maersk Group.
Delivered in 2010, Maersk Deliverer is the third in a series of three state-of-the-art ultra deepwater semisubmersibles in Maersk Drilling's fleet and has since its delivery been employed offshore West Africa.
WHAT DO YOU THINK?
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.
- Maersk Drilling to Sell Jackup (Nov 12)
- CEO: Maersk Drilling Strong Enough To Stand On Its Own After Listing (Aug 28)
- Maersk Drilling Lays Off Dozens in GOM (Jan 23)
Company: Chevron Corporation more info
- Transocean Lands $830MM Rig Contract with Chevron (Dec 28)
- Premier Oil Eyes Bid for Chevron's North Sea Assets (Dec 13)
- Big Oil Battles Prolonged Gender Problem (Dec 04)