Today, The Drilling Company of 1972 A/S (“Maersk Drilling”) and Aker BP ASA (“Aker BP”) have entered into a Heads of Agreement to renew and extend the.
Today, the Board of Directors of The Drilling Company of 1972 A/S (“Maersk Drilling”) has adopted the trading statement for the third quarter of 2021 (Q3.
Maersk Drilling confirms long-term drillship contract with Tullow Oil offshore Ghana The Drilling Company of 1972 A/S Kgs. Lyngby, DENMARK
Based on the
previously announced Conditional Letter of Award, Maersk Drilling has been awarded a contract from Tullow Ghana Ltd. for the provision of the ultra-deepwater drillship Maersk Venturer and additional services for a development drilling campaign at the TEN and Jubilee fields offshore Ghana. The contract commenced in April 2021, with an estimated duration of around four years. The estimated contract value is approximately USD 370m, excluding additional services provided and potential performance bonuses.
The contract has a progressive day rate structure for the full duration. However, the contract contains certain provisions which, after an initial period of 18 months, permit a shift to a market-linked day rate structure and early termination for convenience by Tullow Ghana Ltd.
Results of the Annual General Meeting of Maersk Drilling streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.