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Desert Cedars floodplain issue closer to resolution

InMaricopa Desert Cedars residents may soon have their homes removed from the FEMA floodplain map due to remediation efforts by the Maricopa Flood Control District in conjunction with the city and Pinal County. Photo by Jay Taylor. Some Maricopa residents are required to purchase flood insurance even though they live miles from the nearest wash. But their expensive plight moved closer to ending at the May 6 Maricopa Flood Control District meeting. The district approved a plan allowing the City of Maricopa – if it approves the project – to raise the land at the corner of Bowlin Road and State Route 347 about 18 inches with compacted fill dirt.

Maersk Drilling confirms long-term drillship contract with

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.

Maersk Drilling confirms long-term drillship contract with Tullow Oil offshore Ghana

Maersk Drilling confirms long-term drillship contract with Tullow Oil offshore Ghana 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.

- Maersk Drilling confirms long-term

- Maersk Drilling confirms long-term
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