Maersk Drilling announced Friday that it has received notice of early termination of a one-well contract with Dana Petroleum Denmark B.V. Maersk outlined that it expects to receive compensation for the cancellation in the form of a termination fee. The contract, which was first announced in the company's May 2020 fleet status report, was originally expected to commence in May last year. Maersk announced in October 2020 that the contract had been deferred and that the updated date of commencement would be determined at a later stage. In October last year, Maersk secured a contract from Dana Petroleum Netherlands B.V. to drill two development wells as part of Project Unity in the Dutch sector of the North Sea. In a statement at the time, Maersk said the contract was expected to commence in the second quarter of this year and have an estimated duration of 121 days. The contract value was said to be approximately $12.1 million. Maersk has announced several contract awards over the past few months.