Maersk orders ultra-harsh jackup for drilling in North Sea

Posted on 01 June 2012

Maersk Drilling has ordered a new ultra-harsh, high-specification jackup at Keppel FELS in Singapore backed by a four-year contract with Statoil for development drilling on the Dagny field in the Norwegian North Sea, which is operated by Statoil. The order comes one year after Maersk Drilling invested approximately US$1.3 billion in two similar jackups for the Norwegian market.

“Norway remains a focus area for Maersk Drilling, and we are very pleased to further solidify our strong position in the Norwegian jackup market,” Claus V. Hemmingsen, CEO of Maersk Drilling and member of the executive board of the A.P. Moller – Maersk Group, said. “Over the past 16 months, we have made significant investments in three highly advanced jackup rigs for Norwegian waters and will continue to evaluate opportunities for further growth in the area.”

The new rig, scheduled to be delivered in the beginning of 2015, is identical to the two high spec jackups ordered in February 2011. The total project cost for the rig is about US$650 million. This includes turnkey contract with the yard, owner furnished equipment, project management, commissioning, start-up costs and capitalized interest. The contract includes the option for construction of one additional jackup to be declared this November.

The rig is built against a firm contract with Statoil. Scheduled for commencement in mid-2015, the contract duration is four years and also includes two one-year options. The contract value for the firm four-year period is approximately US $620 million, including mobilization from Singapore to Norway.

The rig represents, together with its two sister rigs ordered in 2011, a new generation of jackups. The design is an enhanced version of the proven Gusto MSC CJ-70-150MD. The rigs are especially suited for development drilling over well head platforms at water depths up to 150 meters but are also prepared for subsea drilling. The high capacity features include offline pipe handling and simultaneous operations, as well as an enlarged cantilever reach. The enhanced design also includes multi-machine control on the drill floor, which will allow for a high degree of automation to ensure a safe operation and consistent performance. A total of 150 people can be accommodated on board in single cabins.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 20 October 2014

    Ocean Rig awarded extensions for two ultra-deepwater drillships

    Ocean Rig has been awarded extensions for its two ultra-deepwater drillships, the Ocean Rig Corcovado and the Ocean Rig Mykonos by Petrobras for drilling offshore Brazil…

  • 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...

  • Read more news