Noble Energy has modified its beforehand introduced contract for the Maersk Drilling-owned drillship Maersk Valiant following a call to not drill the Colombian offshore effectively this 12 months.
In its fleet standing report on Friday, Maersk Drilling mentioned it has agreed with Noble Energy to amend the beforehand introduced contract for the drilling of 1 effectively offshore Colombia in 2020.
Maersk Drilling was awarded the contract by Noble Energy for the Maersk Valiant drillship for a one-well marketing campaign offshore Colombia again in January 2020.
The contract was anticipated to start out within the third quarter of 2020.
It had an estimated length of 65 days and a contract worth of $18.2 million, together with mobilization and demobilization charges.
However, as reported by Maersk Drilling, the effectively will no longer be drilled in 2020.
As a outcome, Maersk Drilling will obtain compensation within the type of a deferral charge and likewise retains an unique choice with Noble Energy to drill the effectively in 2021, ought to the operator determine to drill it.
The Maersk Valiant is a high-specification seventh era drillship with built-in MPD functionality which was delivered in 2013.
In associated information, Maersk Drilling earlier this month secured a contract from Petrogas within the Dutch North Sea for the cruel setting jack-up rig Maersk Resilient, but it surely additionally acquired a cancellation for a UK North Sea job.
Furthermore, Maersk Drilling has not too long ago additionally secured a contract from Brunei Shell Petroleum for the seventh era drillship Maersk Viking to drill one deepwater exploration effectively offshore Brunei Darussalam.
Days later, the Maersk Viking drillship has additionally been awarded a one-well contract extension with Shell in Brunei.
When it involves Noble Energy and its property in Colombia, the oil firm operates the Colombia-Three and Guajira Offshore-Three deepwater blocks, totalling 2.2 million acres, with a 40 per cent working curiosity. Noble took over these blocks from Shell again in March 2019.
Noble Energy has not too long ago been acquired by U.S. oil main Chevron. Following the completion of the acquisition, Chevron determined to scale back Noble Energy’s workforce by 25 per cent.
These job cuts are on prime of Chevron’s plan to scale back 10 to 15 per cent of its personal workforce after the corporate promised to decrease its working bills by $1 billion this 12 months to deal with the downturn.
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