Maersk Drilling orders two ultra-deepwater drillships

Posted on 06 July 2011

Maersk Drilling has ordered the construction of two ultra-deepwater drillships at Samsung Heavy Industries in South Korea for delivery in Q2 and Q3 2014. Simultaneously, Maersk Drilling has obtained a new option for the construction of two additional drillships.

“We have an ambition of becoming one of the leading drilling contractors in the ultra-deepwater segment, and this order is another important step in taking a bigger share of this attractive market segment,” Claus V Hemmingsen, Maersk Drilling CEO and A.P. Moller – Maersk Group Executive Board member, said. “The order reflects our commitment to grow our rig fleet, enabling us to serve our customers in the ultra deepwater segment on a more regular basis.”

Year to date, Maersk Drilling has invested US$3.8 billion in two new jackups and four drillships.

Mr Hemmingsen said he sees a strong market for deepwater drilling rigs as the global demand for oil is increasing even as production from mature fields is declining. “This means that about six times the current Saudi production must be brought on stream over the next 20 to 25 years, which will drive a solid growth in the demand for drilling services. The main part of this growth will take place in frontier areas such as deepwater,” he said.

The two drillships will be of similar design to the two drillships Maersk Drilling ordered from Samsung in April 2011. The 228-meter-long drillships will be able to operate at water depths up to 12,000 ft (3,650 meters) and will be capable of drilling wells of more than 40,000 ft (12,200 meters).

The design includes features for high-efficiency operations, including a dual derrick. They will have accommodation capacities for 230 people.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 16 October 2014

    BG Group appoints Helge Lund as CEO; Statoil appoints Eldar Sætre as acting President and CEO

    "It has been a privilege to lead Statoil during 10 very exciting years,” Mr Lund said. “Together we have created values for Statoil’s shareholders and the society…

  • 15 October 2014

    Eni signs two PSCs for offshore exploration in Vietnam

    Eni has signed two production-sharing contracts (PSCs) with Petrovietnam for the exploration of blocks 116 and 124, located off the coast of Vietnam…

  • 13 October 2014

    OneSubsea awarded contract for PEMEX Lakach deepwater development

    OneSubsea, a Cameron and Schlumberger company, has been awarded a subsea production systems contract totaling more than $270 million for the Lakach deepwater project…

  • 08 October 2014

    Shell starts oil production from Gumusut-Kakap deepwater platform in Malaysia

    Shell has started oil production from the Gumusut-Kakap floating platform off the coast of Malaysia, the latest in a series of Shell deepwater projects...

  • 08 October 2014

    5 principles to follow for reducing risk of anti-corruption violations

    In 2007, the US Department of Justice initiated an industry sweep targeting oilfield service companies, instigated by the government’s perceptions of the industry’s...

  • Read more news