CNOOC extends UKCS jack-up rig contract with Maersk Drilling
Published by Nicholas Woodroof,
Editor
Oilfield Technology,
The option has an expected duration of approximately 100 days, which means the Mærsk Innovator is now firmly contracted until February 2020.
Mærsk Innovator is a CJ70 ultra-harsh environment jack-up rig which was delivered in 2003 and is designed for year-round operations in the North Sea.
“We’re very pleased to be able to keep the Mærsk Innovator working on the Buzzard field. This extension is yet another indication that the activity level is rising in the North Sea, leading to a tightening market for our high-quality CJ70 rigs,” said CCIO Morten Kelstrup of Maersk Drilling.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/17062019/maersk-drilling-awarded-100-day-extension-for-jack-up-rig-on-ukcs/
You might also like
Significant UK gas reserves used through flaring and venting
The UK has lost about 13 billion cubic metres (bcm) of indigenous gas reserves through flaring and venting over the past 10 years, exposing oil and gas operators to £2.6 billion in lost gas sales and £1 billion in Emissions Trading System (ETS) payments.