Spanish oil company Repsol has exercised a one-well option under its contract for the Maersk Drilling-owned drillship Maersk Valiant for operations offshore Mexico.
However, Maersk Drilling said on Wednesday that Repsol would not make use of the second one-well option included in the original contract from June 2019 for the 2014-built Maersk Valiant.
Repsol has now exercised a one-well option with an estimated duration of 70 days. The option is expected to begin in August 2020, in direct continuation of the rig’s current work scope. The contract is scheduled to end in September 2020.
Brazil Energy Insight 
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