Global and Regional MarketsNewsThe Offshore Frontier

Petrogas awards 3-well contract to Maersk Resilient jackup

Maersk Drilling has secured a contract from Petrogas E&P Netherlands for the Maersk Resilient, a harsh-environment jackup, to drill three wells on the B13 and A12 fields in the Dutch sector of the North Sea. The contract is expected to commence in November 2020 and has an estimated duration of 110 days. The firm contract value is approximately $9.4 million.

The parties have further agreed that Maersk Drilling will be given exclusive options to work on a selected number of Petrogas’ planned projects in the Dutch sector in 2021 and 2022.

“The three-well contract and the exclusivity agreement are yet another testament to our strong relationship with Petrogas. We are very pleased to be given the opportunity to continue our great collaboration and leverage the design of our R-class rig capabilities to support Petrogas’ business in one of their core markets in the Netherlands,” said Claus Bachmann, Head of North Sea Division in Maersk Drilling, said.

Separately, the previously agreed contract with Petrogas North Sea for the drilling of one well at the Birgitta field in the UK sector of the North Sea will be canceled, and Maersk Drilling will receive compensation via a termination fee. Maersk Drilling retains an exclusive option with Petrogas North Sea to drill the Birgitta well in 2021 at rates reflecting the expected 2021 market.

The Maersk Resilient is a 350 ft MSC CJ 50 high-efficiency jackup, delivered in 2008. It is currently mobilizing for the campaign for Petrogas in the Netherlands and, thereafter, Serica Energy UK.

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