Maersk Drilling has received a Conditional Letter of Award (CLOA) from Total E&P Suriname for the supply of two deepwater rigs, Mærsk Developer and Maersk Valiant, for an exploration and appraisal project in Suriname’s Block 58.
The campaign is expected to commence in early 2021, with an estimated firm combined duration of 500 days. The estimated firm total contract value is approximately USD 100m, including rig upgrades and integrated services provided.
The CLOA is conditional upon finalisation of the formal contract as well as certain other customary conditions. Maersk Drilling will provide an update upon conclusion of a formal contract.