Maersk Drilling announces that the ultra-deepwater semi-submersible Mærsk Deliverer has been awarded a three-year contract by Inpex Australia and joint venture participants for drilling at the Ichthys gas and condensate field in the Browse Basin offshore Western Australia.
Image: Mærsk Deliverer, an ultra-deepwater semi-submersible rig delivered in 2010. Photo: Courtesy of Maersk Drilling.
The estimated contract value (revenue) of the three-year contract is USD 300 million, including mobilisation. The contract is expected to commence in second quarter of 2020. The contract also includes two one-year options.
Mærsk Deliverer, an ultra-deepwater semi-submersible rig delivered in 2010, is currently operating offshore Timor-Leste.
“We are very pleased to have secured long-term work for Mærsk Deliverer adding significantly to our contract backlog in the floater segment. Inpex-operated Ichthys LNG Project is one of Australia’s largest resources projects and we look forward to supporting a successful operation for Inpex and joint venture participants,” says Jørn Madsen, CEO of Maersk Drilling. “With this contract award we retain a well-balanced forward coverage in the floater market with long-term contracts while maintaining exposure to a market recovery.”
The contract award will not have an impact on the guidance for 2019.
Source: Company Press Release.