DONG terminates Maersk Resolve contract

Following the finalization of the Maersk Resolve jackup for DONG Energy's planned work scope at the Hejre field in the Danish sector of the North Sea, Maersk Drilling received a letter of early termination.

The original contract was scheduled to end in January 2017. The compensation under the early termination agreement leaves Maersk Drilling financially neutral to the original contract.

“We are all acutely aware of the difficult market situation we are facing in the offshore drilling industry, however, it is gratifying to see a rig like the Maersk Resolve and her crew outperform expectations and complete her work scope several months ahead of schedule for the complex HPHT development at Hejre,” says head of global sales, Michael Reimer Mortensen.

“The Maersk Resolve and her crew has delivered a great performance throughout the duration of the contract, and we aim to secure a new contract for the rig as soon as possible,” says Mortensen.

Maersk Resolve is a high efficiency jackup built in 2009 and is designed for year-round operation in harsh environments and in water depths of up to 350ft. The rig is fully HPHT capable and prepared for managed pressure drilling technology.

Image of Hejre, from DONG.

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