Brunei Shell Awards Two Contracts to Maersk

Maersk Contractors has been awarded two contracts by Brunei Shell Petroleum for drilling offshore Brunei and one well in Malaysia.

The first contract is for the Maersk Completer in direct continuation of its current contract with Total E&P Borneo and will commence in the fourth quarter of 2008. The second contract is for the newbuild jackup BM3 currently under construction at Jurong Shipyard in Singapore. Maersk Contractors will take delivery of the BM3 early September 2008 and the contract will commence upon departure from the yard.

Both contracts have a duration of one year with an option to extend the contract by two times one year.

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