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Maersk Drilling Wins $40 Million Contract From Equinor

Written by Paulo Nogueira
Published on 12/10/2018 at 07:45
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Danish Offshore Driller Maersk Drilling Receives New Contract from Equinor for the Maersk Intrepid Rig

The driller said on Friday that Equinor exercised two one-month options extending the current contract for the Maersk Intrepid rig by two months until June 2019. Additionally, Maersk Drilling and Equinor signed a new five-month contract for the Maersk Intrepid, which will begin in direct continuation of the current extended contract. The new contract adds four additional options of two months each.

In a separate statement on Friday, Equinor stated that the value of the fixed part of the new contract is estimated at US $ 40 million.

The driller also said that the Maersk Intrepid will be used for drilling and accommodation activities in the Martin Linge field, with possible re-deployment to other fields operated by Equinor at a later stage.

The Maersk Intrepid initially had an operational support contract for the Martin Linge license until April 2019. + See also: Aker Solutions Charters Maersk Vessel.

CCIO of Maersk Drilling, Morten Kelstrup, said: “We are proud to see the Maersk Intrepid have the opportunity to continue at Martin Linge and contribute to the expected start of production in the field in 2020. Equinor is a highly valued customer of Maersk Drilling, and it is great to be able to continue our long-standing cooperation with this renewed commitment.”

The Maersk Intrepid is an ultra-light XL Enhanced jack-up that was the largest jack-up in the world when it was launched in 2014. It has been deployed in Norwegian waters since then, with a track record that, in addition to Martin Linge, includes work in the Sleipner and Hanz fields.

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Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

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