Maersk Drilling has been awarded a new contract for the jack-up rig Maersk Giant from DONG Energy.
The agreement will cover 150 days of work on the Nini and Siri field in the Danish part of the North Sea.
The company said the estimated value of the deal is $16million.
Claus V Hemmingsen, chief executive for Maersk Drilling, said: “We are very pleased to continue our good corporation with DONG Energy, one of our key customers in the North Sea.
“In order to navigate the low visibility in the current market, it is essential that we reduce our exposure by securing a solid contract backlog.
“Therefore, it is also rewarding to see that we secure employment for the Mærsk Giant, which otherwise would have been stacked.”
The Mærsk Giant is one of the ultra harsh environment jack-ups in Maersk Drilling’s fleet and is fully equipped for high-pressure, high-temperature drilling.