Statoil has opted to extend its charter of a deepwater semi-submersible drilling rig from Maersk Drilling.

Claus Hemmingsen
The Norwegian oil major will pay an extra $370m to take the Maersk Developer (built 2009) for two more years.

The option is due to start in November 2013 when the existing four-year contract expires. The rig has been working in the US Gulf of Mexico.

Chief