Equinor Extends Contract for Maersk Intrepid Rig

Posted by Michelle Howard
Friday, October 12, 2018
The Maersk Intrepid jack-up rig. (Photo: Maersk Drilling)

Norway's Equinor has awarded Maersk Drilling AS a five-month contract for the Maersk Intrepid rig to provide operational support on the Martin Linge field in the North Sea. Two extension options will also be exercised, and four new options will be added.

Maersk Intrepid initially had a contract for operational support for the Martin Linge licence until April 2019. Equinor has chosen to exercise two one-month options, and then start a new contract from June 1 to October 31, 2019.

In addition, Maersk Intrepid will get four new two-month extension options. The value of the fixed part of the new contract is assessed at $40 million.

The jack-up rig will mainly be used to add bed capacity on the field, but may also be used for drilling-related tasks.

“This is capacity we need at Martin Linge for commissioning tasks and efficient work towards production start-up,” said Jan Einar Malmin, project director for Martin Linge.

Categories: Contracts Rigs Jackup Offshore Energy Drilling Industry News Europe Oil

Related Stories

Shelf Drilling Secures Work for Jack-Up Rigs in UK and Egypt

Shelf Drilling Secures Work for Jack-Up Rigs in UK and Egypt

CEP Makes ‘Significant’ Oil Discovery Offshore Poland

CEP Makes ‘Significant’ Oil Discovery Offshore Poland

OMV Petrom, NewMed Energy Hire Noble Drillship for Black Sea Ops

OMV Petrom, NewMed Energy Hire Noble Drillship for Black Sea Ops

Current News

Woodside to Operate Bass Strait Assets

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

Bourbon to Deliver Next-Gen Crewboats for Eni’s Congo Operations

Inyanga Marine to Operate Hybrid Vessel for Offshore Wind Sector

Subscribe for OE Digital E‑News

Offshore Engineer Magazine