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The brand-new owner will use the rigs for non-drilling functions as part of their prepared Quick LNG project. "These transactions will contribute to the necessary justification of the worldwide drilling rig fleet and they are even more in line with Maersk Drilling's strategic top priority of preserving a fleet of contemporary, premium possessions.

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Guardian is an ultra-harsh environment jack-up rig which has formerly been transformed into an accommodation system. It was delivered 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 delivered in 1993.

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

"They have now thrown the ball back in our court and asked us to provide concrete evidence on the numerous points we object to,"Mr.  Learn More Here  said. "But how do you provide proof of the sensation one gets when walking along a New Jersey or Long Island beach, looking out to sea with an unblocked view? And why is it required to terrify individuals by proposing to sell systems close by?"John Harmon, chief of the overseas section of New york city's Bureau of Mineral Resources, said that in October the state similarly requested the exclusion of tracts north of an east-west line that runs 25 to 50 miles south of Long Island.

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Harmon stated. Mr. Kinsey kept in mind that in any case, government and industry analysts state it is skeptical any gas or oil would be discovered within 50 miles of the shore anywhere from Cape Might to Montauk Point. Drilling in the Baltimore Canyon location southeast of New Jersey got under way in 1978 and has actually because produced 28 holes.

Mr. Watt insists that estimates of what lies under undiscovered overseas systems are "really not much better than finest guesses"that can not be made more precise "until there has actually been exploratory drilling."The "area-wide principle"under which the Reagan Administration shell out offshore drilling rights is "designed to motivate the advancement and execution of diverse expedition methods, instead of limit them as in the past,"Mr.