Maersk Intrepid ready for Martin Linge

April 2, 2014

Maersk Drilling has taken delivery of its first ultra harsh environment jackup, Maersk Intrepid, from the Keppel FELS shipyard in Singapore on time. Maersk Intrepid will start its mobilization to the Norwegian North Sea in about two weeks, where it will commence a four-year contract with Total E&P Norge AS.

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

The Maersk Intrepid will be drilling the 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.



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