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Petronas Carigali, the Exploration and Production subsidiary of the national oil company in Malaysia, has extended the contract for the jack-up rig Maersk Convincer by one year.
The rig will be on contract with Petronas until mid-November 2015, with the estimated value of the one-year contract extension is $56mn.
“We are very pleased to continue working with Petronas Carigali and see this extension as a further strengthening of our relationship,” said Claus V. Hemmingsen, CEO of Maersk Drilling.
“Together with Petronas Carigali, our highly competent rig crew has delivered several challenging wells in a safe and efficient way.”
Maersk Convincer is one of two Baker Marine 375ft jack-up rigs in Maersk Drilling’s fleet.
The rig has been working in Southeast Asia since its delivery from Jurong Shipyard in 2008 and with Petronas Carigali since 2011.