Maersk Drilling bags contract from POSCO for Maersk Viking in Myanmar

Danish drilling rig operator Maersk Drilling has bagged a $33 million contract for the Maersk Viking, a seventh-generation drillship, from South Korea-based POSCO International for a three-well drilling program offshore Myanmar.

The contract for the Maersk Viking drillship is likely to begin at the end of this year, with a projected duration of 154 days. There is an option to drill an additional well as per the contract terms.

Morten Kelstrup – COO of Maersk Drilling said: “We are very excited about having the opportunity to work together with the POSCO International Corporation and helping them achieve their goals. This campaign will enable us to showcase the nimbleness of our deepwater fleet, including the ability to move our floaters from one region to another and quickly start up new operations. We look forward to demonstrating the capabilities of our 7th generation drillships in the Asian-Pacific market.”

Delivered in 2013, Maersk Viking is a high-spec ultra-deepwater drillship. In August 2019, the Maersk Viking drillship wrapped up its latest drilling campaign in Ghana, which also covered the drilling of a well at an ultra-deepwater depth of 10,125ft, said Maersk Drilling.