Stena Drilling is pleased to announce that a contract extension has been signed with bp for Mobile Offshore Drilling Unit (MODU) Stena Icemax.

This extension shall see the MODU mobilise to the United States Gulf of Mexico in direct continuation of the initial one (1) well programme (estimated 90 days) offshore Newfoundland, for a further scope of two (2) years.

Stena Drilling are delighted to be able to announce this contract extension with bp for the Stena IceMAX and look forward to commencing operations later this year.

About Stena Drilling

Stena Drilling is one of the world's foremost independent drilling contractors, a wholly-owned subsidiary of Stena AB.
Stena Drilling has had an active role in the building and conversion of rigs whilst also pioneering some of the most leading-edge technologies and innovations in the drilling world, culminating with the Stena IceMAX, the world's first dynamically positioned, dual mast ice-class drillship, meticulously designed specifically for safe and efficient operations in arctic conditions.

About bp

bp (NYSE:BP) is one of the world's largest oil and gas companies, serving millions of customers every day in more than 80 countries, and employing nearly 85,000 people. BP's business segments are oil and gas exploration & production, and refining & marketing. In alternative energies, BP has low- and no-carbon wind and biofuels businesses. Through these activities, BP provides fuel for transportation; energy for heat and light; services for motorists; and petrochemicals products for plastics, textiles and food packaging. It has strong positions in many of the world's hydrocarbons basins and strong market positions in key economies.