Maersk Drilling said a unit of China’s CNOOC has extended the contract for its Mærsk Innovator jack-up rig to continue drilling infill wells at the Buzzard field on the UK Continental Shelf.
The option, exercised by CNOOC Petroleum Europe Limited, has an expected duration of approximately 100 days, which means the Mærsk Innovator is now firmly contracted until February 2020, Maersk said in a statement.
Mærsk Innovator is a CJ70 ultra-harsh environment jack-up rig which was delivered in 2003 and is designed for year-round operations in the North Sea.
“We’re very pleased to be able to keep the Mærsk Innovator working on the Buzzard field. This extension is yet another indication that the activity level is rising in the North Sea, leading to a tightening market for our high-quality CJ70 rigs,” says CCIO Morten Kelstrup of Maersk Drilling.