Press release

New contract secured for jack-up Mærsk Gallant

Maersk Drilling has been awarded a contract for the jack-up rig Mærsk Gallant with Maersk Oil. The contract covers the plugging and abandonment of the Leadon and James subsea fields in the UK sector of the North Sea. The duration of the contract is estimated to 230 days, with commencement in February 2017. The estimated contract value is USD 24m.

New contract secured for jack-up Mærsk Gallant

“Despite an extremely challenging market, I am glad to say that Maersk Drilling is still able to secure new contracts for our rigs. By focusing on operational excellence and technical problem solving, we strive to always be a trusted and value-adding partner for our customers,” says Michael Reimer, Head of Global Sales in Maersk Drilling and continues,

“Maersk Drilling has extensive experience with plugging and abandonment operations, and we are looking forward to working closely together with Maersk Oil to safely decommission the two subsea fields, Leadon and James.”

Mærsk Gallant is about to complete its current contract with Total E&P Norge A/S. The rig is designed for year-round operation in the North Sea, in water depths up to 120 m (394 ft) with an available leg length below hull of 138.5 m (454 ft). The rig is fully equipped for high pressure/high temperature drilling (HP/HT).

About Maersk Drilling
Maersk Drilling’s modern fleet counts 23 drilling rigs including deepwater drillships and semi-submersibles as well as 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 3,500 people and generated a profit (NOPAT) of USD 751m in 2015. For further information, see www.maerskdrilling.com

Contact

Tine Østergaard Hansen
Tine Østergaard Hansen
Head of Corporate Communication and Branding

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