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Shell takes Maersk drillship for four Malaysian wells April 7, 2021, by Nermina Kulovic Offshore drilling contractor Maersk Drilling has secured a contract with Shell for the 7th generation drillship Maersk Viking to drill four development wells at the Gumusut-Kakap project offshore Malaysia. The contract is expected to start in December 2021, with an estimated duration of 150 days. The firm contract value is approximately $34 million, including a mobilisation fee. The Shell-operated Gumusut-Kakap project lies in waters up to 1,200 metres (3,90...

Malaysia: Maersk Drilling awarded four-well drillship contract with Shell in Malaysia 07 Apr 2021 Shell Malaysia for the 7th generation drillship Maersk Viking to drill four development wells at the Gumusut-Kakap project offshore Malaysia. The contract is expected to commence in December 2021, with an estimated duration of 150 days. The firm contract value is approx. USD 34m, including a mobilisation fee. The contract includes five additional one-well options for work offshore Malaysia, the Philippines, and Brunei Darussalam. 'We’re delighted to confirm that Maersk Viking will return to S...

The decision to divest is part of Shell group’s strategy to focus and increase resilience and competitiveness in its upstream business, Shell Malaysia said.

KUALA LUMPUR — Royal Dutch Shell PLC’s Malaysia unit said it is considering selling its stakes in two production-sharing contracts it does not operate off the…

KUALA LUMPUR, March 12 — As part of its continuous global portfolio rationalisation, Shell has decided to explore its options to divest its non-operated interests in the Amended 2011 Baram Delta EOR Production Sharing Contract (PSC) and the SK 307 PSC. The assets located offshore Sarawak,...