Home Offshore Energy Maersk Drilling receives notice of termination of one-well contract

Maersk Drilling receives notice of termination of one-well contract

Maersk Drilling has received notice of early termination for convenience of a one-well contract with Dana Petroleum Denmark B.V.

The contract 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.

Source: Maersk Drilling