Maersk to launch drilling in Kazakh sector of the Caspian
ASTANA - Danish oil drilling major Maersk Drilling Company intends to launch exploration drilling in the Kazakhstan’s sector of the Caspian Sea.
The installation will sail for the start of drilling exploratory wells on the Shelly-sea structure, which is a part of the "N" project, on September 1.
The work is expected to be completed within three months.
With 51 percent stake, KazMunaiGas (KMG) is the operator of the "N" project. Other shareholders include the U.S. oil major ConocoPhillips (24.5 percent) and the investment company Mubadala (24.5 percent) of the United Arab Emirates.
The block is located 75 kilometers south off Kazakhstan’s Aktau city on the Caspian. It’s area is more than eight square kilometers, with water depth ranging between 0 to 340 m.
Copenhagen-based Maersk Drilling is the operator of the Heydar Aliyev Rig in Azerbaijan.
Established in 1972, Maersk is one of the leaders in the industry. Its fleet consists of deepwater semi-submersibles, drilling barges and jack-up rigs including the world’s largest and most advanced harsh environment jack-ups.
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