Maersk Drilling to Continue Building of Low-emission Rig Offshore Norway

Maersk Drilling has won a two-well deal extension from Aker BP for the ultra-harsh setting, low-emission jack-up rig Maersk Integrator.

In direct continuation of the rig’s existing work scope, Maersk Integrator will move to the Ivar Aasen area offshore Norway to drill two wells, with work anticipated to start in October 2020.

The extension has an assessed duration of 93 days and a contract value of roughly $25.5 million, excluding a potential efficiency bonus. The deal includes an extra one-well option.

Maersk Integrator is awarded a contract under the terms of the collaboration pact Maersk Drilling entered into with Aker BP and Halliburton in 2017.

The tripartite partnership uses a shared incentive model, thereby securing mutual commitment to pairing up to reduce waste and deliver worth.

The tripartite alliance uses a shared incentive model, thereby securing mutual commitment to collaborate to cut back waste and ship value. Contracts under the alliance are based on market-charge terms; however, add the possibility of upside for all events, based on precise delivery and efficiency.

“We are excited to firm up actions for Maersk Integrator in 2020 by continuing to work intently along with Aker BP in an alliance which is enabling new ways of working throughout the value chain. The alliance is enhancing efficiency by elevated coordination and involvement, and we already see the first tangible results of this”, says COO Morten Kelstrup of Maersk Drilling.

Maersk Integrator is an ultra-harsh surroundings CJ70 XLE jack-up, designed for year-spherical operations in the North Sea.

It was delivered in 2015 and is at present operating offshore Norway for Aker BP.

The rig is predicted to perform its scheduled Special Periodic Survey in August 2020 and will bear a series of upgrades to become a hybrid, low-emission platform before shifting to the Tambar field in September 2020.