Egypt is trying to renegotiate an extension of an agreement worth $1.5 billion with Suez Canal Container Terminal which has a concession to run a port near the entrance to the canal,
Maersk Drilling, is a unit in shipping and oil conglomerate A.P. Moller-Maersk.
Hess has exercised the four one-well options included in the current contract for the jack-up rig Maersk Resolute.
* BHP Billiton is now targeting US$4 billion of annualised productivity gains in its core portfolio by the end of the 2017 financial year, a US$500 million increase on previous guidance.