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Oil & Gas / North Sea

Statoil cancels Maersk rig contract

By Phil Allan
17/02/2016, 11:45 am Updated: 18/02/2016, 7:51 am
Industry news
The Maersk Giant

Statoil has decided to cancel contract with Maersk Gallant rig.

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

The Maersk Gallant has been on a new contract with Total since Sunday until August 2016. Total will pay a cancellation fee according to former contract.

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