Maersk Drilling announced Friday that it has received notice of early termination of a one-well contract with Dana Petroleum Denmark B.V.
Maersk Drilling announced Friday that it has received notice of early termination of a one-well contract with Dana Petroleum Denmark B.V.
Maersk outlined that it expects to receive compensation for the cancellation in the form of a termination fee. The contract, which was first announced in the company’s May 2020 fleet status report, was originally expected to commence in May last year. Maersk announced in October 2020 that the contract had been deferred and that the updated date of commencement would be determined at a later stage.
Denmark: Dana cancels drilling contract with Maersk Drilling
15 Jan 2021
Dana Petroleum Denmark.
The contract was first announced in Maersk Drilling’s May 2020 Fleet Status Report. Maersk Drilling expects to receive compensation in the form of a termination fee. The contract had previously been deferred from the date of originally expected commencement.
Publicly Available Deals
Companies Looking
Company Sales
Geostudies
energy-pedia Jobs
energy-pedia Databank
The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more.
energy-pedia Glossary
Subscribe
About energy-pedia energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.