Maersk Contractors Acquires Six Drilling Barges
Maersk Contractors and ENSCO have entered into an agreement whereby Maersk Contractors will acquire ENSCO's fleet of drilling barges in Venezuela. A definitive contract has been signed and the parties expect to close the purchase in late June when the barges will be taken over by Maersk.
Built between 1994 and 1998 the six barges are similar in size and capacities to Maersk Contractors' existing fleet in Venezuela. With the acquisition Maersk Contractors will have 12 barge rigs on Lake Maracaibo.
"We expect the positive development in Venezuela to continue over the coming years. The production of oil is planned to increase significantly through extensive investments by PDVSA and foreign oil companies in exploration for new wells and workover of existing wells. This will lead to increased activity for drilling barges. With the new fleet Maersk Contractors will be in a good position to meet the increasing demand," said Claus V. Hemmingsen, CEO, Maersk Contractors. "We have been present in Venezuela since 1991 and this expansion of the fleet demonstrates our long term commitment to stay in the area".
Manages 64 Offshore Rigs
- Ensco Acquires Atwood Oceanics, Lays Off Staff (Oct 10)
- Lamprell to Compensate Ensco for Delay in Delivery of ENSCO 140 (Aug 29)
- Lamprell Delays Delivery of Jackup to Mid-August Due to Technical Issue (Jul 27)
Company: Maersk Drilling more info
Operates 5 Offshore Rigs
Manages 23 Offshore Rigs
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