Good news for Maersk Drilling, which is currently under severe pressure from declining markets. The company has won a contract for its drilling vessel Maersk Venturer from oil company Total for an exploration drilling off the coast of Uruguay, a project scheduled to last four months.
The contract is worth USD 44 million, informs Maersk Drilling.
"We have collaborated and partnered with Total many times over the years. Total is a highly valued customer of Maersk Drilling, and we are very pleased with being selected by Total to drill their first exploration well offshore Uruguay," says Maersk Drilling CEO Claus V. Hemmingsen.
Try a free 40-day trial subscription to ShippingWatch
The work is expected to commence in March next year.
Maersk Venturer is the third in a series of four drilling vessels in Maersk Drilling's fleet. The four vessels represent a combined investment of USD 2.6 billion. The other three drilling vessels are all deployed on long-term contracts.
Read more about Maersk Drilling
Maersk Drilling waiting for the right acquisition opportunity
More from ShippingWatch
Shipping in a safe position despite shaky world economy
Container carriers are facing a couple of difficult years, but otherwise the shipping industry looks set to do well despite dark clouds over the world economy, according to shipping analyst. ”Right now, most companies are making a lot of money.”
Less congestion makes dry bulk rates decline
Port congestion has eased, leading to a decrease in dry bulk rates. According to Clarksons, the development is not least due to low industrial production in China following Covid lockdowns.
Kuehne + Nagel offers carbon-free transport using biofuel
Biofuels will enable Kuehne + Nagel to offer freight customers CO2-free container transport.
MPA appoints new CEO
Quah Ley Hoon steps down as CEO of Maritime and Port Authority of Singapore at the beginning of September after around three and a half years on the post.
Ships resume Taiwan routes even as China continues to drill
Shipping traffic in the Taiwan Strait is increasing again Monday, even though China is still carrying out military drills in the area.
Operations Controller – Weco Tankers 
Head of Airfreight 
A lawyer (chief consultant) is wanted for People & Culture 
Senior Associate – Group Strategy Office 
Operations Manager for B-Gas A/S in Copenhagen 
Assistant Fleet Superintendent 
Logistics coordinator with responsibility for our shipping activities 
Legal secretary for Shipping / Offshore / Transportation 
Adm. Director of Svendborg District Heating