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The brand-new owner will utilize the rigs for non-drilling purposes as part of their planned Fast LNG job. "These transactions will add to the necessary rationalization of the international drilling rig fleet and they are further in line with Maersk Drilling's strategic concern of preserving a fleet of modern-day, high-quality assets.

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Guardian is an ultra-harsh environment jack-up rig which has formerly been converted into a lodging unit. It was provided in 1986 and has actually been warm-stacked in Esbjerg, Denmark after ending its latest contract offshore Denmark in 2020. Mrsk Gallant is an ultra-harsh environment jack-up rig that was provided in 1993.

After both transactions are closed, Maersk Drilling's fleet will count 12 jack-up rigs, of which 11 are fit for operations in extreme environments, and 8 floaters. The deals do not alter Maersk Drilling's monetary assistance for 2021. Related News/// FROM THE ARCHIVE///.

"They have now thrown the ball back in our court and asked us to provide concrete evidence on the various points we object to,"Mr. Kinsey stated. "However how do you provide evidence of the feeling one gets when walking along a New Jersey or Long Island beach, keeping an eye out to sea with an unblocked view? And why is it necessary to terrify individuals by proposing to sell systems close by?" This Is Cool , chief of the overseas area of New york city's Bureau of Mineral Resources, stated that in October the state similarly asked for the exclusion of tracts north of an east-west line that runs 25 to 50 miles south of Long Island.

Saudis Set for $11 Billion Asset-Sale Blitz After Slow Start - Bloomberg

Jackup Rigs for Sale, Used Jackup Rigs, New Jackup Rigs, Offshore Drilling  Rigs

A Biased View of Oil & Gas - California State lands Commission

Harmon stated. Mr. Kinsey kept in mind that in any case, government and industry experts say it is skeptical any gas or oil would be found within 50 miles of the coast anywhere from Cape May to Montauk Point. Drilling in the Baltimore Canyon area southeast of New Jersey got under way in 1978 and has since produced 28 holes.

Mr. Watt insists that price quotes of what lies under uncharted overseas systems are "truly very little better than finest guesses"that can not be made more precise "till there has actually been exploratory drilling."The "area-wide idea"under which the Reagan Administration shell out offshore drilling rights is "designed to motivate the development and execution of varied expedition techniques, instead of restrict them as in the past,"Mr.