Maersk Drilling Extends Contract With Brunei Shell Petroleum By 2.5 Years

Maersk Drilling has been awarded a contract extension for the jack-up rig Maersk Convincer by Brunei Shell Petroleum (BSP).

Maersk Drilling has been working with BSP continuously since 2007 with the Maersk Completer and the Maersk Convincer respectively. The current contract for the Maersk Convincer has now been extended for another firm 912 days with up to three years of options. The contract extension will commence in November 2018, in direct continuation of the current contract.

“We truly value this long-term working relationship with BSP. We have been operating continuously for BSP since 2007 and more than 70 wells have been drilled offshore Brunei and with a lot of focus on developing the local Bruneian workforce. Over the years we have developed a very collaborative environment enabling very strong and safe performance. We remain committed to working closer with BSP in finding ways to drive down well costs and this contract extension enables that work,” says Morten Kelstrup, CCIO in Maersk Drilling.

“The extension secures work for the Maersk Convincer rig all the way to 2Q 2021. We look forward to continuing to deliver a high standard of operational excellence and supporting BSP to deliver on its Fit for the Future strategy to fuel Brunei’s future.”

The contract extension with BSP follows a number of new contracts and contract extensions for Maersk Drilling over the past six months. To date, Maersk Drilling has added 1,200 days and USD 116m to the backlog. The company’s contract coverage remains one of the strongest in the industry.

About Maersk Drilling
Maersk Drilling supports global oil and gas production by providing high-efficiency drilling services to oil companies around the world. Maersk Drilling’s modern fleet counts 24 drilling rigs including drill ships, deepwater semi-submersibles and high-end jack-up rigs. Maersk Drilling employs an international staff of 3,000 people, and is represented with offices in 10 countries. For more information, visit www.maerskdrilling.com.