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Press release

17 February, 2016

Total E&P Norge A/S takes over jack-up Mærsk Gallant from Statoil

Statoil has cancelled the contract for the harsh environment jack-up rig Mærsk Gallant. A cancellation fee is due to Maersk Drilling, and will be handled in accordance with the contract. Concurrently, Maersk Drilling has signed a new contract with Total E&P Norge A/S for Mærsk Gallant in direct continuation of the cancelled contract. The contract cancellation and new contract will be financially neutral to Maersk Drilling.

Mærsk Gallant has been on contract with Statoil since August 2014, and has since October 2015 been sub-chartered to ConocoPhillips. From February 2016 until August 2016, Mærsk Gallant will undertake the new contract with Total E&P Norge A/S.

For further information, please contact Michael Harboe-Jorgensen, Head of Strategy & Stakeholder Relations on +45 2328 5733.

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 4,000 people and generated a profit (NOPAT) of USD 751m in 2015. For further information, see www.maerskdrilling.com