Maersk pens contract extension for drillship in Malaysia
Drilling contractors Maersk Drilling has signed a contract extension for its drillship, Maersk Viking, operating offshore Malaysia, it said on February 1.
Sarawak Shell/Sabah Shell Petroleum Corporation (SSB/SSPC) has executed two options on the previously announced contract that will employ the 7th generation drillship.
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The first option will be novated to TotalEnergies EP Malaysia for the drilling of one deepwater well at the Tepat project, while the second option will be novated to Petronas Carigali, a subsidiary of state-run Petronas, for the drilling of one deepwater well at the Layang-Layang project; both projects are located off the coast of Sabah.
The extensions have a total estimated duration of 120 days and are expected to start in July. The total contract value of the extensions is approximately $32mn, including fees for the use of managed pressure drilling. Three one-well options remain on the contract with Shell Malaysia.