Inpex Australia selects Mærsk Deliverer for Ichthys gas and condensate field drilling. Credit: © 2019 MAERSK DRILLING.

Maersk Drilling has secured a $300m contract for its ultra-deepwater semi-submersible Mærsk Deliverer to carry out drilling work at the Ichthys gas and condensate field in the Browse Basin offshore Western Australia.

The three-year contract was awarded by Inpex Australia along with its joint venture (JV) participants. The contract includes two one-year options and is expected to commence in the second quarter of next year.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The Ichthys gas and condensate field is located nearly 220km offshore Western Australia. It is said to be the largest discovery of hydrocarbon liquids in Australia in 50 years.

Maersk Drilling CEO Jørn Madsen said: “We are very pleased to have secured long-term work for Mærsk Deliverer adding significantly to our contract backlog in the floater segment.

“Inpex-operated Ichthys LNG Project is one of Australia’s largest resources projects and we look forward to supporting a successful operation for Inpex and joint venture participants.”

“Inpex-operated Ichthys LNG Project is one of Australia’s largest resources projects and we look forward to supporting a successful operation for Inpex and joint venture participants.

“With this contract award we retain a well-balanced forward coverage in the floater market with long-term contracts while maintaining exposure to a market recovery.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Currently, Mærsk Deliverer, a self-propelled A1 column stabilised drilling unit, is operating at offshore Timor-Leste.

Inpex began gas production from the project following the completion of final safety verifications in July 2018. The company’s Oceanic Breeze tanker delivered first liquid natural gas (LNG) from the Ichthys project to Japan in February 2019.

During peak production, Ichthys LNG Project is estimated to deliver around 8.9 million tonnes of LNG and 1.6 million tonnes of LPG per annum as well as approximately 100,000 barrels of condensate per day.