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The brand-new owner will utilize the rigs for non-drilling purposes as part of their planned Fast LNG job. "These deals will contribute to the essential rationalization of the worldwide drilling rig fleet and they are even more in line with Maersk Drilling's tactical priority of maintaining a fleet of contemporary, top quality properties.

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Guardian is an ultra-harsh environment jack-up rig which has previously been converted into an accommodation system. It was provided in 1986 and has actually been warm-stacked in Esbjerg, Denmark after ending its most current contract offshore Denmark in 2020. Mrsk Gallant is an ultra-harsh environment jack-up rig that was provided in 1993.

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

"They have now thrown the ball back in our court and asked us to provide concrete proof on the numerous points we object to,"Mr. Kinsey said. "However how do you offer evidence of the sensation one gets when walking along a New Jersey or Long Island beach, watching out to sea with an unobstructed view? And why is drilling rigs to lease needed to scare individuals by proposing to sell tracts close by?"John Harmon, chief of the offshore section of New York's Bureau of Mineral Resources, stated that in October the state similarly asked for the exclusion of systems north of an east-west line that runs 25 to 50 miles south of Long Island.

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Harmon said. Mr. Kinsey kept in mind that in any case, government and market analysts say it is uncertain any gas or oil would be discovered within 50 miles of the coast anywhere from Cape May to Montauk Point. Drilling in the Baltimore Canyon location southeast of New Jersey got under method in 1978 and has actually since produced 28 holes.

Mr. Watt firmly insists that estimates of what lies under untouched offshore systems are "truly very little better than finest guesses"that can not be made more accurate "up until there has actually been exploratory drilling."The "area-wide concept"under which the Reagan Administration parcels out offshore drilling rights is "designed to encourage the development and execution of varied expedition techniques, instead of limit them as in the past,"Mr.