The contract extension has an estimated duration of 100 days, with work expected to commence in August/September 2022 in direct continuation of the rig’s current work scope. The contract value of the extension is approximately USD 24.3m, including integrated services provided and a fee for the use of managed pressure drilling. One one-well option remains on the contract.
Maersk Valiant is a high-specification 7th generation drillship with integrated Managed Pressure Drilling capability which was delivered in 2013. It is currently operating for TotalEnergies offshore Suriname.