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TWMA bags multi-million pound contract with Spirit Energy - News for the Oil and Gas Sector

UK: TWMA secures first contract with Spirit Energy at Grove field

UK: TWMA secures first contract with Spirit Energy at Grove field 25 Feb 2021 TWMA, has secured a seven-figure contract with leading exploration and production company, Spirit Energy. The first scope of a five-year contract will see TWMA provide drilling waste management services on the harsh-environment jack-up rig Maersk Resolve as Spirit Energy drills the Grove North East well in the Southern Sector of the North Sea. The rig, currently in Denmark, will mobilise to the UK in Q2 2021. The contract, which carries the option of two one-year extensions, marks TWMA’s first project with the E&P company and includes the full breadth of the company’s services lines. This gives Spirit Energy access to TWMA’s skip & ship, bulk cuttings transfer, NORM services and drill cuttings processing services with its award winning TCC RotoMill®. The TCC RotoMill® can be deployed offshore at the rig site and allows operators and rig contractors to treat drill cuttings at source eliminati

Dana Terminates Maersk Drilling Deal

Maersk Drilling announced Friday that it has received notice of early termination of a one-well contract with Dana Petroleum Denmark B.V. Maersk Drilling announced Friday that it has received notice of early termination of a one-well contract with Dana Petroleum Denmark B.V. Maersk outlined that it expects to receive compensation for the cancellation in the form of a termination fee. The contract, which was first announced in the company’s May 2020 fleet status report, was originally expected to commence in May last year. Maersk announced in October 2020 that the contract had been deferred and that the updated date of commencement would be determined at a later stage.

Spirit Energy Contracts Rig for UKCS Infill Well

The Maersk Resolve, above, will drill a development well at Grove North East in the UK North Sea. PHOTO SOURCE: Maersk Drilling Spirit Energy has awarded Maersk Drilling a contract to drill one development well at Grove North East in the U.K. North Sea, Maersk reported this week. Maersk Drilling expects the estimated 131-day contract for the Maersk Resolve harsh-environment jack-up rig to commence in March 2021, the firm noted in a written statement emailed to Rigzone. The drilling contractor added the approximately US$11.3-million firm contract includes additional services, mobilization and demobilization as well as an option to add plugging and abandonment of one well.

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