‘Maersk Resolute’ contract called off

Source: press release, 18 December 2019

The high-efficiency jack-up ‘Maersk Resolute’
The high-efficiency jack-up ‘Maersk Resolute’ (photo: Maersk Drilling)

Maersk Drilling has received notification that Perenco is cancelling the previously announced three-well contract for the jack-up rig Maersk Resolute in the UK North Sea. According to Perenco, the cancellation is because the scope of Maersk Resolute’s previous contract was extended beyond the original schedule, causing delayed arrival for Perenco’s drilling campaign which was originally expected to commence in October 2019. The duration of the three-well contract with Perenco was estimated at 150 days.

The contract cancellation does not impact the guidance for 2019.

The Maersk Resolute is a high-efficiency, harsh-environment CJ50 jack-up which was delivered in 2008. Following the completion of its latest contract, the rig will be warm-stacked.