Maersk Drilling has won a £10.5million contract with Korea National Oil Corporation (KNOC).
The chief operating officer of Maersk Drilling has said its deal with fledgling explorer Seapulse, targeting four billion barrels worldwide, is “still alive”, despite news going quiet over the last year.
The chief operating officer of Maersk Drilling thinks companies like his taking “skin in the game” will be the future of the sector, moving away from commercial deals that put most of the risk on operators.
Maersk Drillng has won a £16.6m ($20.4m) contract with Petronas off Suriname.
Maersk Drilling has secured a £3million contact off Egypt.
Total has awarded contracts to Maersk Drilling for three wells, in Angola and Namibia, using the seventh-generation Maersk Voyager drillship.
The man tasked with driving innovation at Maersk Drilling believes the industry is in a race to find the most competitive barrel of oil before demand peaks.