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Karoon adds more wells to Maersk rig backlog June 3, 2021, by Nermina Kulovic Oil and gas company Karoon Energy has exercised an option to add the drilling of two development wells at the Patola field offshore Brazil to the work scope of the Maersk Drilling-owned semi-submersible rig Maersk Developer. The work is expected to start in the second half of 2022, in direct continuation of the rig’s previously agreed work scope with Karoon Energy. The contract extension has a firm duration of 120 days, with a contract value of approximately $27 milli...

03 Jun 2021 (Last Updated June 3rd, 2021 11:08) The Patola field development is expected to involve an investment of up to $195m and deliver first oil in 2023. Share Article Australian company Karoon Energy has taken the final investment decision (FID) to develop the Patola Project in the Santos Basin, offshore Brazil. The development will entail an investment of around $175m to $195m. The Patola field is located within the Karoon-owned and operated BM-S-40 Production Licence in the Santos Basin near Baúna and Piracaba accumulations. ...

Maersk Drilling confirmed for drilling contract and TechnipFMC for subsea works

Maersk Drilling has been awarded a two-well contract extension by Karoon Energy, while TechnipFMC will carry out engineering, procurement, construction and installation of subsea trees, flexible pipes and umbilicals.

Maersk Awarded Intervention Work off Brazil Karoon Energy will put the rig to work in its Baúna field. June 1, 2021 Maersk Drilling has been awarded a contract with Karoon Energy Ltd. for the semisubmersible rig Maersk Developer to perform well intervention on four wells at the Baúna field offshore Brazil. The contract is expected to begin in the first half of 2022, with a firm duration of 110 days. The value of the contract is $34 million, including rig modifications and a mobilization fee. The contract contains options to add up to 150 days of drilling work at the Patola ...