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Maersk Drilling ready to stay in Azerbaijan after Shah Deniz

Oil&Gas Materials 15 May 2020 17:52 (UTC +04:00)
Maersk Drilling ready to stay in Azerbaijan after Shah Deniz

BAKU, Azerbaijan, May 15

By Leman Zeynalova – Trend:

Danish Maersk Drilling is ready to engage its rig further offshore Azerbaijan after completing the contract on Shah Deniz, the company told Trend.

“We are happy to note that we have been able to manage through the COVID-19 pandemic without significant disruptions to our operations globally. This includes the Maersk Explorer semi-submersible rig offshore Azerbaijan which is continuing to successfully operate as planned,” said the company.

“Maersk Explorer is contracted with BP until May 2021, and as we approach the end of the contract, we will naturally be exploring the opportunity to engage the rig further offshore Azerbaijan, including the potential to continue working with the local suppliers and workforce who are currently supporting the rig.”

The value of the contract between Maersk Drilling and BP stands at $285,500 (average day rate).

Aside from Maersk Explorer, Istiglal rig is also engaged in drilling on Shah Deniz field. Istiglal rig carries out drilling of wells to a certain depth, after which well completion is conducted by Maersk Explorer.

The Istiglal rig and the Maersk Explorer rig have drilled 17 wells in total, and completed 16 out of those, for Shah Deniz 2 production and subsequent ramp up, according to BP. The Maersk Explorer rig continues with the SDF04 well operations.

Maersk Drilling is a drilling rig operator based in Copenhagen, Denmark. It is a subsidiary of the A.P. Moller – Maersk Group, established in 1972.

Maersk Drilling is a leading offshore drilling operator, working everywhere from the North Sea to Ghana to Timor-Leste. It is increasingly providing third-party services and partnering with its customers on innovative technologies and new commercial models. Together, the company is reducing the complexity, cost, and risk of drilling campaigns to improve the competitiveness of offshore oil and gas for its customers.

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Follow the author on Twitter: @Lyaman_Zeyn

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