COPENHAGEN: Danish oil and shipping group A.P. Moller-Maersk has signed a jack-up rig contract worth about US$54mil with a unit of Petronas.
Maersk Drilling said yesterday 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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