Maersk Drilling gets $100 million harsh environment rig contract

9/21/2012

Maersk Drilling gets $100 million harsh environment rig contract

COPENHAGEN -- Danish industrial conglomerate A.P. Moller-Maersk said its oil and gas drilling services arm, Maersk Drilling, has received a two-year contract for the use of its harsh-environment jackup rig Maersk Endurer at a drilling project offshore Cameroon.

The contract has a value of around $100 million, and is expected to commence in late October, Maersk Drilling said. The exploration project is being conducted by Addax Petroleum and Sinopec.

Dow Jones Newswires

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