Schedule overruns lead Perenco to cancel Maersk Resolute contract

12/18/2019

COPENHAGEN - Maersk Drilling has received notification that Perenco is cancelling the previously announced three-well contract for the jack-up rig Maersk Resolute in the UK North Sea. According to Perenco, the cancellation is due to the scope of Maersk Resolute’s previous contract being extended beyond the original schedule, causing delayed arrival for Perenco’s drilling campaign which was originally expected to commence in October 2019. The duration of the three-well contract with Perenco was estimated at 150 days.

Following the completion of its latest contract, Maersk Resolute will be warm-stacked. The contract cancellation does not impact the guidance for 2019.

 

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