Maersk Drilling Signs $300 Million Drilling Contract With Inpex

Written by Paulo Nogueira

Published on 03/04/2019 at 05:42

Updated on 03/04/2019 at 05:44

Seja o primeiro a reagir!

Maersk Drilling, Owner of the Maersk Deliverer Rig, Received a Three-Year Contract from Inpex Australia and Joint Venture Participants for Drilling in the Ichthys Gas and Condensate Field in Western Australia.

The platform owner said on Wednesday that the estimated value (revenue) of the three-year contract is US$ 300 million, including mobilization. This means the daily rate for the equipment is approximately US$ 270,000. The contract is set to commence in the second quarter of 2020 and also includes two one-year options. The Mærsk Deliverer, a deepwater semi-submersible platform, delivered in 2010, is currently operating in the Timor Sea.

“We are very pleased to have secured long-term work for the Mærsk Deliverer, significantly increasing our contract backlog in this segment. The Ichthys LNG Project, operated by Inpex, is one of the largest resource projects in Australia and we look forward to supporting a successful operation for Inpex and joint venture participants ,” said Jørn Madsen, CEO of Maersk Drilling.

ARTICLE CONTINUES BELOW

Spin-Off

In related news, Danish giant Maersk, owner of Maersk Drilling, initiated a process last February for a spin-off of its drilling unit, fulfilling the announcement from August 2018 that it would separate from Maersk Drilling and list it as an independent company, subject to shareholder approval.

The company has already proposed a new member for the board of directors of the new company. Alastair Maxwell is set to be elected as a member of the board of directors of Maersk Drilling.

On Tuesday, April 2, at the annual general meeting of AP Møller – Mærsk A/S (APMM), it was decided to complete the partial and tax-free spin-off of APMM carried out through a contribution of APMM’s shares in Maersk Drilling Holding, along with certain other assets and liabilities to a newly formed Danish public limited company, and therefore, The Drilling Company of 1972 A/S (Maersk Drilling) was established and registered with the Danish Business Authority.

Maersk Drilling will submit its application for admission to trading and official listing of its shares on Nasdaq Copenhagen. The first day of trading and official listing of Maersk Drilling’s shares on Nasdaq Copenhagen is scheduled for April 4, 2019, at 9:00 AM (CEST).

Maersk Drilling Signs $300 Million Drilling Contract With Inpex

Maersk Drilling, Owner of the Maersk Deliverer Rig, Received a Three-Year Contract from Inpex Australia and Joint Venture Participants for Drilling in the Ichthys Gas and Condensate Field in Western Australia.

Spin-Off

While in Brazil a 10-story building takes 2 years to complete, in China a company stacks pre-fabricated modules and raises the entire building in just 28 hours and 45 minutes.

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

Seen from space, an image taken by an astronaut shows in Argentine Patagonia the exact point where a colossal glacier, a turquoise-blue lake, and a greenish arm of water meet, creating one of the rarest and most impressive landscapes in the region.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

Japanese destroyer crosses the Taiwan Strait, and China did not like this at all and reacted.

As if building a hospital in 10 days wasn’t enough, China now surprises the world by transforming a jet into an airborne hospital with surgeries and care on board.

India has connected for the first time a nuclear reactor that generates more fuel than it consumes — it produces 500 MW, cost nearly $1 billion, took 22 years, and places the country among the few with this technology in the world.

Suape Port is receiving R$ 15.8 billion to become the largest green hydrogen hub in Latin America — and a partnership with China promises an additional R$ 8 billion.

Petrobras robots dove nearly 3,000 meters deep and 201 km off the coast of Rio de Janeiro confirmed what geologists suspected — there is more oil hidden in the pre-salt of Campos.

Maersk Drilling Signs $300 Million Drilling Contract With Inpex

Maersk Drilling, Owner of the Maersk Deliverer Rig, Received a Three-Year Contract from Inpex Australia and Joint Venture Participants for Drilling in the Ichthys Gas and Condensate Field in Western Australia.

Spin-Off

While in Brazil a 10-story building takes 2 years to complete, in China a company stacks pre-fabricated modules and raises the entire building in just 28 hours and 45 minutes.

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

Seen from space, an image taken by an astronaut shows in Argentine Patagonia the exact point where a colossal glacier, a turquoise-blue lake, and a greenish arm of water meet, creating one of the rarest and most impressive landscapes in the region.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

China imposes billion-dollar fines on seven e-commerce platforms after violations in food delivery and pressures the sector to correct flaws that affect trust, food safety, and consumer experience.

With rocks that are 600 million years old and 200 years of scientific history, a cave in Minas Gerais reveals a lit cavern that seems like a dream.

A natural hormone may reverse obesity by increasing energy expenditure and also help in the treatment of liver diseases, researchers indicate.

China consolidates high-precision mapping and identifies vast mineral wealth in the eastern seabed to boost the technology industry.

Scientists discover unexpected climate benefit hidden in forest soils related to atmospheric methane absorption.

Japanese destroyer crosses the Taiwan Strait, and China did not like this at all and reacted.

As if building a hospital in 10 days wasn’t enough, China now surprises the world by transforming a jet into an airborne hospital with surgeries and care on board.

India has connected for the first time a nuclear reactor that generates more fuel than it consumes — it produces 500 MW, cost nearly $1 billion, took 22 years, and places the country among the few with this technology in the world.

Suape Port is receiving R$ 15.8 billion to become the largest green hydrogen hub in Latin America — and a partnership with China promises an additional R$ 8 billion.

Petrobras robots dove nearly 3,000 meters deep and 201 km off the coast of Rio de Janeiro confirmed what geologists suspected — there is more oil hidden in the pre-salt of Campos.