Maersk Drilling Awarded One-Well Contract for Low-Emission Rig Maersk Integrator Under Aker BP Alliance

Maersk Drilling has secured an additional one-well contract from Aker BP, acting as operator of the Tambar license, for the low-emission jack-up rig Maersk Integrator. In direct continuation of its current work scope, the rig will move to the Tambar field offshore Norway to drill the K-2B development well, with work expected to commence in February 2021. The contract has an estimated duration of 73 days and a contract value of approximately USD 18.5m, excluding integrated services provided and a potential performance bonus.

Maersk Integrator is contracted under the terms of the frame agreement Maersk Drilling entered into with Aker BP in 2017 as part of the Aker BP Jack-up Alliance which also includes Halliburton. The tripartite alliance uses a shared incentives model, thereby securing mutual commitment to collaborate and drive digital initiatives to reduce waste and deliver value. Contracts under the alliance are based on market-rate terms but add the possibility of an upside for all parties, based on actual delivery and performance…


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