Brunei Shell Petroleum extends Maersk Convincer jack up contract

Aug. 31, 2020
Brunei Shell Petroleum Co. Sdn. Bhd. (BSP) exercised a contract extension option for Maersk Convincer jack up that allows the rig to continue operating offshore Brunei Darussalam.

Brunei Shell Petroleum Co. Sdn. Bhd. (BSP) exercised a contract extension option for Maersk Convincer jack up that allows the rig to continue operating offshore Brunei Darussalam. The extension has an expected duration of 602 days and will commence in May 2021 in direct continuation of the rig’s current work scope. The rig is now contracted by BSP until end-2022. The extension has a firm contract value of $47 million, excluding a potential performance bonus.

Maersk Convincer is a Baker Pacific Class 375 cantilever jack up designed for year-round operation and was delivered in 2008. The rig is currently operating on Seria field offshore Brunei Darussalam.