COPENHAGEN: Danish oil and shipping group A.P. Moller-Maersk has signed a jack-up rig contract worth about $54 million with a unit of Malaysia's Petronas.
Maersk Drilling, a unit of the Maersk group, said on Friday that Petronas Carigali, the exploration and production subsidiary of Malaysia's national oil company, had exercised a right to extend the contract for the Maersk Convincer rig by one year.
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