Maersk Drilling secures contracts for Maersk Valiant in Mexico

Maersk Drilling has secured contracts for a two-well project for the drillship Maersk Valiant with Repsol Exploración Mexico, S.A. de C.V. for work in Block 10 and 29 offshore Mexico in the Gulf of Mexico. The contracts have an expected duration of 138 days and are set to commence in March 2020. In addition to the firm workscope, the contracts include two one-well options.

The Maersk Valliant is a high-specification 7th generation drillship with integrated MPD capability which was delivered in 2013. It is currently warm-stacked in Port Fourchon, Louisiana.

“We are very pleased to expand our working relationship with Repsol through this commitment, which also adds to our presence in the exciting Mexican deepwater market following the recently disclosed contract for Mærsk Developer. In addition, it's worth noting that Maersk Drilling's entire floater fleet is now signed up for current or future work, meaning that all floaters are now activated and can be available for additional contracts with limited to no stacking period," says Morten Kelstrup.

About Maersk Drilling
Maersk Drilling owns and operates a fleet of 23 offshore rigs specialising in harsh environment and deepwater drilling operations. With more than 45 years of experience operating in the most challenging environments Maersk Drilling provides safe, efficient, and reliable drilling services to oil and gas companies around the world. Headquartered in Denmark, Maersk Drilling employs 2,850 people. For more information about Maersk Drilling, visit www.maerskdrilling.com.

Location: Mexico