Maersk Drilling on June 14 said that CNOOC Petroleum Europe Ltd., a wholly-owned subsidiary of CNOOC Ltd., has exercised a one-well option for the Mærsk Innovator jackup rig to continue drilling infill wells at the Buzzard field on the U.K. Continental Shelf.
The option has an expected duration of approximately 100 days, which means the Mærsk Innovator is now firmly contracted until February 2020.
Mærsk Innovator is a CJ70 ultra-harsh environment jackup rig which was delivered in 2003 and is designed for year-round operations in the North Sea.
Recommended Reading
Supreme Court Passes on MVP Appeal Challenging FERC’s Authority
2024-05-21 - The Supreme Court declined to take up a lawsuit against the Mountain Valley Pipeline, the latest in a series of legal maneuverings over a case filed by opponents of the pipeline.
Under Siege: Industry Cuts Emissions Despite Biden's ‘Attack’ on E&Ps
2024-05-20 - IPAA Chairman and Elevation Resources CEO Steve Pruett shared insight on industry’s concerns over regulations carried out by an “alphabet soup” of agencies from the Environmental Protection Agency to the Federal Trade Commission.
Williams Cos. Blasts Energy Transfer’s FERC Filing
2024-05-15 - In response to Energy Transfer, Williams says the rival’s action is “lawfare” to delay the company’s Louisiana Energy Gateway project.
FERC Re-affirms Tellurian Extension Request for Driftwood LNG
2024-07-09 - The Federal Energy Regulatory Commission upheld its earlier decision following the Sierra Club’s request for another hearing on Driftwood LNG’s 2029 completion date.
Bipartisan Bill Aims to Speed Up Permitting Bureaucracy
2024-07-23 - If passed, the new rules would tackle litigation delays for energy projects across all sectors, an analyst says.