The extension is in direct continuation of the current contract expiring in February 2017, thus keeping the rig continuously contracted until June 2018. The estimated value of the contract extension is USD 142m.
“We are very pleased to see the Mærsk Innovator continue to work for ConocoPhillips,” says Claus V. Hemmingsen, CEO in Maersk Drilling and member of the Executive Board in the Maersk Group.
Mærsk Innovator has been working for ConocoPhillips since 2010.
About Maersk Drilling
Maersk Drilling’s modern fleet counts 22 drilling rigs including drillships, deepwater semi-submersibles and high-end jack-up rigs. Further, Maersk Drilling has one ultra harsh environment jack-up rig under construction. Maersk Drilling employs an international staff of 4,500 people and generated a profit (NOPAT) of USD 478m in 2014.