Maersk to bag $34m in Chariot rig deal

Dollar value: Maersk revealed on Wednesday its contract with Chariot for the charter of the Maersk Deliverer was worth $34 million

Rig owner Maersk Drilling has revealed it will earn $34 million under the charter contract with London-listed Chariot Oil & Gas for the semi-submersible Maersk Deliverer.

As reported on Tuesday, Chariot’s wholly-owned subsidiary Enigma Oil & Gas has chartered the rig for two months to drill a single well on the Tapir South prospect, off Namibia.

Maersk said the charter was expected to run for a period of about 60 days which would give the contract an estimated day rate of about $566,667 per day.

The Maersk Deliverer is an ultra-deepwater semi-submersible drilling rig, capable of operating in water depths of 10,000 feet and drilling to a depth of up to 30,000 feet.

It is expected to arrive on Chariot’s 100%-owned Northern Block 1811A to spud the Tapir South well at the end of the month.

The rig has been operating off West Africa since Maersk took delivery in 2010 and most recently struck oil for African Petroleum at the Narina-1 wildcat on Block LB-9, off Liberia.

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