Fossil Energy – Malaysia
Sarawak Shell Berhad/Sabah Shell Petroleum Corporation (SSB/SSPC) has executed two options on the previously announced contract that will employ the 7th generation drillship Maersk Viking offshore Malaysia.
The first option will be novated to TotalEnergies EP Malaysia for the drilling of one deepwater well at the Tepat project, while the second option will be novated to PETRONAS for the drilling of one deepwater well at the Layang-Layang project.
Both projects are located off the coast of Sabah.
The extensions have a total estimated duration of 120 days and are expected to commence in July 2022, in direct continuation of the rig’s prior work scope with SSB/SSPC. The total contract value of the extensions is approximately USD 32m, including fees for the use of managed pressure drilling. Three one-well options remain on the contract with Shell Malaysia.