Maersk Drilling Secures North Sea Work Preventing Cuts

Published at 06:15PM - 10/08/15

Danish based Maersk drilling, has secured further work for its HP/HT offshore jack-up driller, the Maersk Giant.

Maersk today confirmed that their Maersk Giant would be employed by Danish offshore exploration company DONG Energy for a duration of 150 days.  The contract would start directly after the jack-up driller finishes its current contract with Talisman, also in the North Sea.

DONG Energy have contracted the Maersk Giant, to further explore its Nini and Siri fields, off the Danish coast, in a deal worth US$16 million.

The deal now secures work for the Maersk Giant until March 2016, preventing further layoffs within in the global offshore drilling industry, and a further lay up of an offshore drilling rig.

The Maersk Giant, one of Maersk’s ultra harsh environment drilling rigs, has been purposely designed to operate in the worst of environments, allowing offshore drilling operations to continue year round in water depths up to 107 meters (350ft).

The Giant also comes from a breed of drilling rigs that is capable of being able to drill to reservoirs classified high pressure/high temperature (HP/HT).

CEO of Maersk Drilling, Claus V. Hemmingsen, said “We are very pleased to continue our good corporation with DONG Energy, one of our key customers in the North Sea. In order to navigate the low visibility in the current market, it is essential that we reduce our exposure by securing a solid contract backlog. Therefore, it is also rewarding to see that we secure employment for the Mærsk Giant, which otherwise would have been stacked.”