Maersk Drilling receives notice of termination of one-well contract

Source: press release, 15 January 2021

photo: Maersk Drilling
photo: Maersk Drilling

Maersk Drilling has received notice of early termination for convenience of the one-well contract with Dana Petroleum Denmark B.V. which was first announced in Maersk Drilling’s May 2020 Fleet Status Report.

Maersk Drilling expects to receive compensation in the form of a termination fee. The contract had previously been deferred from the date of originally expected commencement.