Oil major BP PLC granted Maersk Drilling A/S a three-well contract, with a one-well option, for development drilling in its Matapal gas project offshore Trinidad and Tobago.
Work will be done by the semi-submersible drilling rig Maersk Discoverer, according to a Dec. 17 release from Maersk Drilling. The contract, valued at $78 million including a mobilization fee, has a projected duration of 322 days and is expected to start in July 2020.
The Maersk Discoverer is capable of operating in water depths of up to 10,000 feet and is currently operating offshore Egypt.
The Matapal project will develop gas resources discovered by BP subsidiary BP Trinidad and Tobago in 2017 through the Savannah exploration well. The oil major sanctioned the project in December 2018. First gas is expected in 2022.