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April 22, 2021

Maersk Drilling secures Aker BP contract for low-emission rig

Maersk Drilling has secured an additional contract from Aker BP for the low-emission rig Maersk Integrator to drill an exploration well offshore Norway.

By Srivani Venna

Maersk Drilling has secured an additional contract from Aker BP for the low-emission rig Maersk Integrator to drill an exploration well offshore Norway.

The latest one-well contract is in direct continuation of the previously announced work for the ultra-harsh environment jack-up rig Maersk Integrator.

Expected to commence in December this year, the $9.6m contract will be carried out for 36 days.

This excludes integrated services provided and potential performance bonuses. Additionally, the contract includes an option for extra work.

Maersk Drilling COO Morten Kelstrup said: “We’re delighted to add this additional work scope for Maersk Integrator, which will provide an opportunity to prove that our alliance model with Aker BP and Halliburton also can be applied to an exploration campaign, expectedly resulting in significant efficiency gains and emissions reductions.”

Aker BP signed the contract for Maersk Integrator under the frame agreement entered in 2017 with Maersk Drilling as part of the Aker BP Jack-up Alliance, which also includes Halliburton.

Maersk Drilling noted that contracts that fall under the alliance are based on market-rate terms.

Recently, a series of upgrades were concluded for Maersk Integrator to convert it to a hybrid, low-emission rig.

In the initial month of operations featuring similar upgrades, Maersk Intrepid, the sister rig registered a promising initial data point of cutting down fuel consumption and CO₂ emissions by around 25% compared to its average baseline.

The rig also registered NOx emissions reductions of approximately 95%.

The CJ70 XLE jack-up rig Maersk Integrator features hybrid, low-emission upgrades and has been designed to perform year-round operations in the North Sea.

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