Maersk extends Energy Enhancer rig contract

Northern Offshore, Ltd.  today reported that its subsidiary, Northern Offshore U.K. Limited, has received a declaration from Maersk Olie og Gas AS (“Maersk”) exercising the second of three one-year options for the jackup Energy Enhancer.

The start date of the new option period is approximately mid-July 2014, which commits the Energy Enhancer to Maersk for continued operation in the Danish Sector of the North Sea until July 2015. This option exercise adds approximately US$52 million to the company’s contracted revenue backlog.

Gary W. Casswell, Northern Offshore’s president and CEO, said “We are pleased to have the opportunity to continue our relationship with Maersk and sincerely appreciate their commitment to Northern Offshore. In addition, this extension further supports our optimistic view that the North Sea market will continue to provide our jackup units with stable contract backlog for the foreseeable future.”

 

Press Release, March 26, 2014; Image: Picasa

 

Share this article

Follow Offshore Energy Today

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

8th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

Gas Indonesia Summit 2019

Gas Indonesia Summit & Exhibition is returning for the fourth edition in Jakarta…

read more >

Shanghai Int Petrochemical and Offshore Oil & Gas and Chemical Industry Technology and Equipment Exhibition 2019

cippe Shanghai has attracts both…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply