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Maersk Drilling wins $100 million contract

Maersk Line has secured a two-year contract of $100 million with Addax Petroleum.

Maersk Drilling has secured a two-year contract to the value of about $100 million for the drilling rig Maersk Endurer in Cameroon, reveals the company. The contract is entered into with Addax Petroleum, which is owned by the Chinese oil company Sinopec.

Maersk Endurer is expected to initiate operations in late October.

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