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Marine Log

August 18, 2008

Maersk Contractors names jackup at Jurong

Just two days after naming MAERSK RESOLUTE at Singapore's Keppel FELS, Maersk Contractors has named a further newbuilding jackup drilling rig in Singapore, this time at Sembcorp Marine's Jurong Shipyard Pte Ltd.

Mrs. Beth Allen, accompanied by her husband, Mr. William S. Allen, Senior VP, A.P. Moller - Maersk, today named the MAERSK CONVINCER.

The second of two identical jack-up rigs acquired by the A. P. Moller Maersk Group in July 2006, it is a Baker Marine Pacific Class 375 capable of operating in water depths up to 375 feet in most parts of the world including the harsh environment of the central and southern parts of the North Sea.

"The delivery of the MAERSK CONVINCER will cement Maersk Contractors' position as a drilling contractor on the forefront of the market within high-performance drilling," says Claus V. Hemmingsen, CEO of Maersk Contractors "Our fleet's average rig-age of 9 years is amongst the lowest in the industry. "

The first assignment for the MAERSK CONVINCER is a one-year drilling contract with an option to extend the contract by two times one year, with Brunei Shell Petroleum offshore Brunei.

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