Equinor Extends Contract for Maersk Intrepid Rig

Posted by Michelle Howard
Friday, October 12, 2018

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 Offshore Energy Drilling Industry News Europe Oil Rigs Jackup

Related Stories

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

CNOOC Makes Major Oil and Gas Discovery in South China Sea

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Woodside to Shed Some Trinidad and Tobago Assets for $206M

Shell Hires Noble’s Drillship for Work in Southeast Asia

Valeura Wraps Up Infill Drilling Campaign in Gulf of Thailand

Initial Drilling Results Raise Questions on South Korea’s Offshore Gas Viability

EnQuest to Acquire Harbour Energy's Vietnamese Assets

Vestas Lands First 15MW Offshore Wind Turbine Order in Asia Pacific

Flare Gas Recovery Meets the Future

Current News

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

Mitigate SCC & HE to Keep Offshore Metal Structures Ship Shape

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

CNOOC Puts Into Production New Oil Field in South China Sea

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com