Maersk Drilling signs rig contract in Cameroon

Maersk drillingMaersk Drilling has signed a two-year contract with Addax Petroleum for a new drilling project. (Image source: Tomasz Sienicki)Maersk Drilling has announced that it has signed a US$100mn two-year drilling rig contract in Cameroon 

The offshore drilling company signed the new contract for the use of its harsh environment jack-up rig Maersk Endurer with Addax Petroleum.

Martin Fruergaard, chief commercial officer for Maersk Drilling, said, “We are pleased to have signed this contract with a very experienced operator in West Africa, which is a priority market to us due to its significant resources and importance to the global oil and gas supply.”

The Maersk Endurer was acquired by Maersk Drilling in 1996 and underwent refurbishment to conduct operations on the UK sector of the North Sea.  

The exploration project, offshore Cameroon, is expected to start in late October 2012.

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