Statoil cancels Maersk Gallant contract

OE Staff
Wednesday, February 17, 2016

Norwegian giant Statoil is ending its contract for the Maersk Gallant six months early, however, French supermajor Total will pick up the jackup.

The rig has been on contract with Statoil for two years, since 21 August 2014, and since 9 October it has been sub-chartered to ConocoPhillips.

Between 14 February and 21 August 2016 the Maersk Gallant is on a new contract with Total, who will pay cancellation fee according to the former contract, Statoil said.

In January, Total received consent from the Petroleum Safety Authority (PSA) of Norway, to drill the North Sea exploration well 1/5-5 in PL 618 using Maersk Gallant.

Image of the Maersk Gallant, from Maersk.

Read more:

Maersk Gallant to drill North Sea wildcat

ConocoPhillips to use Maersk Gallant at Eldfisk

Categories: Vessels Activity Maersk Jackup

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