Maersk Drilling Bags Ineos Deal
Maersk Drilling (CPH: DRLCO) has secured a contract from Ineos Oil & Gas UK to employ the harsh environment jack up rig Maersk Resolve for drilling and hydraulic stimulation at the Breagh Alpha A11 well. Maersk Drilling (CPH: DRLCO) announced on Monday that it has secured a contract from Ineos Oil & Gas UK to employ the harsh environment jack up rig Maersk Resolve for drilling and hydraulic stimulation at the Breagh Alpha A11 well in block 42/13 of the UK North Sea. The contract, which includes four additional one well options, is said to be worth approximately $11.3 million. Work as part of...