Maersk Drilling selected for two-rig Suriname campaign by Total

Maersk Drilling has received a conditional letter of award (CLOA) from Total E&P Suriname, Suriname Branch for the supply of the 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 US$100 million, including rig upgrades and integrated services provided.

The CLOA is conditional upon finalisation of the formal contract as well as certain other customary conditions.