The Mærsk Innovator is now firmly contracted to continue drilling infill wells at the Buzzard field on the UK Continental Shelf until February 2020.
Drilling & production
The non-core assets have been divested to Sequitur Permian for net cash proceeds of US$245 million.
The new partnership will use its flexible capital mandate to directly invest in the development and acquisition of upstream oil and gas assets across the US.
More Drilling & production news
The Ministry of Energy and Mines of the Dominican Republic, in partnership with Wood Mackenzie, has announced its first licensing round is to open at an event in Houston on 10 July 2019.
The combined flow from both wells during a 72-hour production test earlier this week reached and maintained the planned production rate of 20 000 bpd.
The Marine XII license covering 571 km2 is located on the continental shelf of the Republic of Congo 20 km from the shore with the sea depth of 20 - 90 m.