Maersk Drilling on June 14 said that CNOOC Petroleum Europe Ltd., a wholly-owned subsidiary of CNOOC Ltd., has exercised a one-well option for the Mærsk Innovator jackup rig to continue drilling infill wells at the Buzzard field on the U.K. Continental Shelf.
The option has an expected duration of approximately 100 days, which means the Mærsk Innovator is now firmly contracted until February 2020.
Mærsk Innovator is a CJ70 ultra-harsh environment jackup rig which was delivered in 2003 and is designed for year-round operations in the North Sea.
Wood Mackenzie, the global natural resources research consultancy, revealed on July 15 its partnership with P2 Energy Solutions to better analyze current and future well spacing.
Work on the project will begin immediately, and the contract award will be reflected in McDermott’s second quarter 2019 backlog.
Global drilling and engineering contractor KCA Deutag’s land drilling operation has won three new contracts in Russia worth approximately $168 million on July 15.