Maersk Drilling signs contract with Total for USD 100 million

Rig operator Maersk Drilling has secured a contract with Total for two deep-water rigs that will drill off the coast of Surinam in northeastern South America.

Photo: PR / Maersk Drilling

Maersk Drilling has signed a conditional contract with French oil major Total for two deep-water rigs to drill for oil in a field off the coast of Surinam in northeastern South America.

The drilling company estimates the value of the deal, a so-called conditional letter of award, to around USD 100 million, according to a press release.

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