Denmark-based Maersk Drilling has received a charter contract from French oil and gas firm Total for an ultra-harsh environment jack-up rig.
The four-year contract is valued at $550m and includes four one-year options.
The drilling rig will be deployed on the Hild field development in the Norwegian North Sea, subject to development approval by Norwegian authorities.
Maersk is building this drill rig as well as another in Singapore.
The rig featuring the XL Enhanced design will be delivered in 2014.
See Also:
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData