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Maersk lands $44million drilling contract with Total

02 Dec 2015

Maersk Drilling has been awarded a $44 million contract for the drillship Maersk Venturer with oil major Total.

The contract covers one exploration well (estimated duration 120 days) in block 14 offshore Uruguay. The drilling programme is expected to commence in March 2016.

Maersk Venturer is the third in a series of four ultra deepwater drillships in Maersk Drilling’s fleet. The four drillships represent a total investment of $2.6 billion. The other three drillships have all secured long-term contracts.