Otto secures Maersk rig

Australia's Otto Energy has firmed up a contract with Maersk Drilling for the rig it will use to spud the Hawkeye-1 exploration well off the Philippines later this year.

Firm contract: Otto has signed up the drillship Maersk Venturer to drill a wildcat off the Philippines later this year
Firm contract: Otto has signed up the drillship Maersk Venturer to drill a wildcat off the Philippines later this year
Published 5 May 2015, 00:05Updated 5 May 2015, 00:06