Maersk Drilling names new ultra-harsh environment jackup

Posted on 24 March 2014

Maersk Intrepid is one of four ultra-harsh environment jackups and will be delivered within 2014 to 2015 to begin a four-year contract with Total E&P Norge AS in the North Sea.

Maersk Intrepid is one of four ultra-harsh environment jackups and will be delivered within 2014 to 2015 to begin a four-year contract with Total E&P Norge AS in the North Sea.

Maersk Drilling has named a new ultra-harsh environment jackup, Maersk Intrepid, in a ceremony at the Keppel FELS shipyard in Singapore. Maersk Intrepid is the first in a series of four ultra-harsh environment jackups to enter Maersk Drilling’s rig fleet. The four jackups represent a total investment of $2.6 billion. The first three jackups, including Maersk Intrepid, will be delivered from the Keppel FELS shipyard in 2014 to 2015, and the fourth will be delivered from the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea in 2016.

After delivery from the yard, Maersk Intrepid will mobilize to the North Sea and commence a four-year firm contract with Total E&P Norge AS to drill the demanding and complex wells on the Martin Linge field development in the Norwegian North Sea. The contract includes four one-year options. The estimated contract value for the firm contract is $550 million.

“With the naming of the Maersk Intrepid, we are opening a new chapter in Maersk Drilling’s Norwegian history,” said Claus V. Hemmingsen, CEO of Maersk Drilling and member of the Executive Board of the A.P. Moller – Maersk Group. “We have invested in the Maersk Intrepid and its three sister rigs in order to continue to grow and leverage our market leading position in Norway.”

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 27 January 2015

    Hess Corp announces 2015 capital, exploratory budget

    Hess Corp announced a 2015 capital and exploratory budget of $4.7 billion, a 16% reduction from its 2014 actual spend of $5.6 billion. Of this, $2.1 billion (45%) is budgeted for unconventional shale resources...

  • 26 January 2015

    Young professionals program at SPE/IADC Drilling Conference to target future leaders of the industry

    The oil and gas industry is constantly looking to the future. Whether this comes in the form of pushing the limits of pressure...

  • 22 January 2015

    Tullow Oil moves ahead with exploration, appraisal drilling onshore Kenya

    Tullow Oil has announced updates on several onshore projects in Kenya, including the Expir-1 exploration, Engomo-1 exploration, the Ngamia and Amosing...

  • 22 January 2015

    Petrobras reduces operating costs, time with new pre-salt subsea equipment deployment technique

    At the end of last year, Petrobras deployed its first wet Christmas tree using cables in the pre-salt area. The main change involved was the use of a subsea equipment...

  • 22 January 2015

    XACT, BP complete first deepwater deployment of SandSentry Acoustic Telemetry Network in Gulf of Mexico

    XACT Downhole Telemetry, in conjunction with BP, recently completed the first operational field trial of the SandSentry Acoustic Telemetry Network in the deepwater Gulf of Mexico...

  • Read more news