Maersk Drilling and Aker BP have agreed to a one-year contract to deploy high-performance rig Maersk Integratoron the Norwegian shelf from June 2019. The contract is based on the alliance that the events entered into in 2017.

The Maersk Integrator will grow to be the primary rig to be contracted absolutely underneath the scope of the alliance between Aker BP, Maersk Drilling and Halliburton. When the high-performance jackup rig finishes its present marketing campaign on Gina Krog in June 2019, it’ll go on to Ula for a brand new one-year task with Aker BP.

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The tripartite alliance was introduced final 12 months and focuses on working in collaborative relationships, which maximize worth for all events concerned. This is established in contracts utilizing a shared incentives mannequin, thereby securing mutual dedication to scale back waste and ship worth. The contracts are primarily based on market-rate phrases however add the potential of a sizeable upside for all events, primarily based on precise supply and efficiency.

In the tripartite jackup alliance, the events are exploring new methods of collaborating to extend the effectivity of drilling campaigns. In addition to organising shared targets and incentives, it contains built-in challenge organisations, aligned security procedures, and a one-team mindset guided by the rules of ‘greatest man for the job’ and ‘greatest for the alliance’.

Maersk Integrator is an XL Enhanced ultra-harsh setting jackup rig that’s customised for the North Sea. The rig is at the moment stationed at Gina Krog area on the Norwegian shelf, the place it has been engaged in its first-ever drilling marketing campaign since June 2015. When that marketing campaign finishes in June 2019, the rig will transfer south to Ula area to deploy for Aker BP. As an integral a part of the alliance framework, Halliburton will operate as service supplier for the brand new marketing campaign.

“With this contract, we’ll actually see the worth of our alliance as we work collectively to scale back waste and decrease the price per barrel on Ula. The collaboration between our corporations is underneath steady improvement as a result of alliance, and we anticipate to realize an increasing number of mutual advantages from working collectively in new and revolutionary methods,” says Tommy Sigmundstad, senior V.P. of Drilling and Wells at Aker BP.

Maersk Drilling, Aker BP and Halliburton entered the joint jackup alliance in November 2017. The alliance goals at reducing the price per barrel and rising profitability for the companions by implementation of digital options, elevated collaboration effectivity, and standardization and simplification of processes. It is formalised in a five-year settlement with the choice to increase for a further 5 years.

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With this contract, Maersk Drilling has added a complete of two,373 days and $313 million to its backlog in 2018.

Source: www.worldoil.com

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