Maersk inks new deals in Egypt to speed up green fuel production
Danish shipping giant Maersk and Egyptian authorities have signed a partnership agreement to jointly explore the establishment of large-scale green fuel production in the country in the pursuit of net-zero shipping. Following the recent fuel sourcing deals, Maersk signed a Memorandum of Understanding (MoU) with the authorities’ representative in the presence of the Egyptian Prime Minister […]
Svitzer secures 5-year contract extension for Egypt’s Idku LNG plant
Denmark’s Svitzer, the world’s largest tugboat operator, said Tuesday it has won a contract extension to support operations at Egypt’s Idku LNG export plant. Under the extension, Maersk’s unit Switzer will continue to assist the Egyptian LNG-operated plant with four tugs, two mooring boats and one pilot boat. The towage company has been operating at […]
Maersk Drilling secures work for three offshore rigs
Maersk Drilling has signed two new contracts and one contract extension since the end of 1Q 2019. One firm three-year contract is with Inpex Australia for the ultra-deepwater semisubmersible Mærsk Deliverer, starting in 2Q 2020, with two one-year extension options. Value of the firm period is $300 million, equivalent to a day rate of $266,200. […]
Maersk sells its 50% stake in Egyptian Drilling Company to EGPC for $100m
Maersk Drilling agreed to sell its 50% stake in Egyptian Drilling Company to the EGPC for USD 100 million, Reuters reports. The cash transaction leaves the EGPC as the sole shareholder of Egyptian Drilling Company. * MAERSK DRILLING, UNIT OF A. P. MOLLER-MAERSK, SAYS IT AND EGYPTIAN GENERAL PETROLEUM CORPORATION EGPC HAS SIGNED AN AGREEMENT […]
Video: Maersk simulator (BP)
“They’re building the muscle memory to handle these emergencies.” How a Maersk drilling simulator is preparing our operators to be deal with the most challenging situations. (Source: BP)
Maersk Discoverer completes deepest well drilled in Egypt & longest in the Mediterranean
Maersk Discoverer finished well 62 days ahead of time for BP and claimed two offshore Mediterranean records. In the beginning of May, the crew on Maersk Discoverer reached a great milestone when they finalised their latest well two months ahead of time. The well was another East Nile Delta success for BP, discovering 50 m […]
BP makes second significant gas discovery in Egypt’s East Mediterranean Sea
BP Egypt announced another important gas discovery in the North Damietta Offshore Concession in the East Nile Delta. The “Atoll-1” deepwater exploration well, currently being drilled using the 6th generation semi-submersible rig “Maersk Discoverer,” has reached 6,400 meters depth and penetrated approximately 50 meters of gas pay in high quality Oligocene sandstones. Expected to be […]
