, image via Maersk Drilling
Maersk Drilling reports today its jack-up rig Maersk Resolute will continue to be employed by Hess until April 2016 after four one-well contract options were exercised. The estimated value of the extension is approximately USD $75 million.
The rig is currently operating for Hess in the Danish sector of the North Sea at South Arne.
Maersk Resolute is the second in a series of four high efficiency 350ft jack-ups delivered in 2008-2009.
Sign up for gCaptain’s newsletter and never miss an update
Essential maritime and offshore news, insights, and updates delivered daily straight to your inbox
Sellers of Iranian oil to China are offering deeper discounts this month as they look to reduce inventories and as independent refiners slow their buying due to a jump in crude prices, traders and analysts said.
Britain has issued tougher new environmental rules for fossil fuel projects with implications for the development of two vast North Sea oil and gas fields by Shell and Equinor.
The firm building what will become the largest port in India plans to raise as much as 300 billion rupees ($3.5 billion) of debt, giving lenders an opportunity to invest in one of the cornerstones of Prime Minister Narendra Modi’s infrastructure overhaul.
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
Stay informed with the latest maritime and offshore news, delivered daily straight to your inbox
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
