Maersk Drilling signs $610 million contract

Maersk has signed a contract for the first of four ultra-deepwater drillships to be finished in a year. The value of the drillship is $610 million.

The drilling division of A.P. Moeller – Maersk has signed a contract with an unnamed oil company involving the delivery of an ultra-deepwater drillship in the Gulf of Mexico in 2013.

Maersk Drilling expects the contract to begin at the end of 2013 and continue throughout the three following years. The contract begins following the departure of the first of four identical ultra-deepwater drillships from the shipyard Samsung Heavy Industries in South Korea.

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