Maersk Drilling estimates that about half the target can be achieved via further efficiency gains and known technical solutions and concepts, while the other half will be facilitated by investments in innovation in this space.
Drilling & production
The company has confirmed that it has been in discussions with a number of third parties, including Chrysaor, regarding alternative forms of transactions to secure the long-term refinancing of the Group’s debt facilities.
Acoustic Data has been contracted to deploy its SonicGauge Wireless Monitoring System in a gas field project in North Africa.
More Drilling & production news
The company has acquired a working interest in the North Kairouan permit and the Sidi El Kilani concession, which contains the Sidi El Kilani oilfield.
The companies' 'Find Fix Confirm' service will aim to mitigate the costly consequences of sand control failure in wells.
The deal will see the Blackford Dolphin rig utilised in Mexico for the duration of the work, which is expected to last around 15 months.
Valaris has reached an agreement with approximately 50% of its noteholders on a prearranged plan that would reduce debt by more than US$6.5 billion.
In direct continuation of its previously announced work scope, the Maersk Integrator rig will move to the Ula field offshore Norway in April 2021 to drill the Ula F – Producer 1 well.