Upstream

Maersk Drilling secures four-well intervention contract for Mærsk Developer in Brazil


Published: Wednesday April 21, 2021
By: Oilfield Africa Review

Maersk Drilling has been awarded a contract with Karoon Energy Ltd for the semi-submersible rig Mærsk Developer to perform well intervention on four wells at the Baúna field offshore Brazil. The contract is expected to commence in the first half of 2022, with a firm duration of 110 days. The value of the firm contract is approximately USD 34m, including rig modifications and a mobilisation fee. The contract contains options to add up to 150 days of drilling work at the Patola and Neon fields.

“We’re delighted to enter into this contract with a new customer in the form of Karoon which will also see one of our drilling rigs operating offshore Brazil for the first time ever. We’re looking forward to entering this major offshore market and to working closely together with the Karoon team on the safe and efficient delivery of the workover at Baúna and potential development of Patola,” says COO Morten Kelstrup of Maersk Drilling.

Karoon Energy’s Chief Executive Officer and Managing Director, Dr Julian Fowles commented that “Karoon is delighted to have signed this important contract and looks forward to working closely with Maersk Drilling”. 

Maersk Developer is a DSS-21 column-stabilised dynamically positioned semi-submersible rig, able to operate in water depths up to 10,000 ft. It was delivered in 2009 and is currently operating offshore Suriname. 

Sponsored Partners

Discover our premium partners and explore their innovative solutions in the industry
Rig Count
Valaris Adds Drillship Valaris DS-12 to Fleet in Africa
Wednesday October 15, 2025
Nigeria
Nigeria, Shell Sign FID on HI Gas Project Offshore Nigeria
Tuesday October 14, 2025
Nigeria
Eni Nigeria Records 20% Production Increase in Abo Field
Tuesday October 14, 2025

Sponsored Partners

Discover our premium partners and explore their innovative solutions in the industry

Acquisition And Merger
Serica Energy to Acquire UK North Sea Assets from BP
Monday October 13, 2025
Company News
Tamrose Completes Repayment of $10m NCIF Loan, Grows Fleet by 200%
Sunday October 12, 2025
Finance
NEXIM Bank Urges Women in Energy to Access NCIF Loan
Saturday October 11, 2025
Downstream
Ethiopia to Build First Oil Refinery of 3.5Mtpa Capacity
Friday October 10, 2025
Gas & Power
U.S. Reiterates Investment Focus on Africa Oil & Gas Sector
Friday October 10, 2025
Technology
NCDMB Unveils Digitisation Initiative to Transform the Energy Sector
Thursday October 9, 2025