Oil firm Perenco has scrapped a three-well North Sea deal with Maersk Drilling.
Maersk Drilling has revealed it received notification today that Perenco is cancelling the contract for the jack-up rig Maersk Resolute in the UK North Sea.
According to Perenco, the cancellation is due to the scope of Maersk Resolute’s previous contract, which was extended beyond its original schedule.
The extension has now resulted in the delayed arrival for Perenco’s drilling campaign which was originally expected to commence in October 2019.
The duration of the three-well contract with Perenco was estimated to last 150 days.
Maersk Drilling said the contract cancellation “does not impact the guidance for 2019”.
The Maersk Resolute is a harsh-environment jack-up which was delivered in 2008.
Following the completion of its latest contract, the rig will be warm-stacked, Maersk said.
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