Offshore staff
COPENHAGEN, Denmark – Aker BP has awarded Maersk Drilling an additional two-well contract for the low-emission jackup rig Maersk Integrator.
The plan is that in direct continuation of the rig’s work scope with OMV, the Maersk Integrator will return to Aker BP’s Ivar Aasen field for a two-well campaign. It is expected to start in 3Q 2021.
The contract has an estimated duration of 73 days and a value of about $19.5 million, excluding integrated services provided and potential performance bonuses.
The Maersk Integrator is contracted under the terms of the frame agreement that Maersk Drilling and Aker BP entered in 2017 as part of the Aker BP Jackup 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.
The ultra-harsh environment jackup rig is currently completing a series of upgrades to turn it into a hybrid, low-emission rig. The upgrades are supported by a grant from the Norwegian NOx Fund and a separate compensation scheme agreed with Aker BP rewarding reductions in fuel consumption and reduced emissions.
The Maersk Integrator is an ultra-harsh environment CJ70 XLE jackup rig, designed for year-round operations in the North Sea. It was delivered in 2015 and is currently operating offshore Norway.
02/05/2021
