Offshore drilling contractor Maersk Drilling has been awarded a contract by Equinor for the drilling of three wells and plugging of 1 on the Martin Linge discipline offshore Norway.
The contract was awarded to the low-emission jack-up rig Maersk Intrepid, the rig proprietor mentioned on Thursday.
In direct continuation of the rig’s present workscope on the Martin Linge discipline, the Maersk Intrepid might be assigned to drill and full three extra gasoline wells at Martin Linge, adopted by the plugging and abandonment of 1 effectively.
The contract extension is anticipated to start out in September 2020, with an estimated length of 339 days, which can hold the rig deployed into the second half of 2021.
In addition, Maersk Drilling will even get a framework contract with Equinor.
Namely, Maersk Drilling and Equinor have reached an settlement on the availability of built-in providers for the marketing campaign, together with Managed Pressure Drilling, slop therapy, cuttings dealing with, and tubular operating providers.
The contract worth is roughly $100 million, together with rig modifications and upgrades, however excluding the built-in providers supplied and potential efficiency bonuses.
The contract consists of an extra one-well possibility, plus the choice of including as much as 120 extra days of effectively intervention.
The contract extension is agreed as a part of a brand new grasp framework settlement between Equinor and Maersk Drilling, aimed toward facilitating long-term collaboration in Norway and internationally.
In the framework settlement, the events decide to collaborate on know-how developments with a give attention to digitalisation and automation, in addition to additional initiatives to restrict greenhouse gasoline emissions from drilling operations.
Further, the settlement lays out a normal framework for the supply of built-in providers. As a part of the settlement, Equinor has designated Maersk Intrepid as a most popular jack-up rig, with unique entry to the rig if sure circumstances are met.
During Maersk Intrepid’s beforehand agreed workscope, Maersk Drilling will full a collection of upgrades to show it into the primary hybrid, low-emission rig.
These upgrades mix using hybrid energy with low ranges of NOx emissions, including knowledge intelligence to additional cut back vitality consumption and CO2 emissions.
The venture is supported by a grant from the Norwegian NOx Fund, and by Equinor’s choice to introduce compensation codecs to stimulate emission reductions.
In addition to the hybrid energy and low-emission upgrades, Maersk Intrepid might be outfitted with the NOVOS drilling system.
The system assists the driller in executing processes constantly and allows interfacing with third-party advisory algorithms to reinforce drilling efficiency.
Maersk Intrepid is an ultra-harsh setting CJ70 jack-up rig, designed for year-round operations within the North Sea. It was delivered in 2014 and has been working in Norway ever since.
The submit Maersk Drilling baggage $100 million cope with Equinor appeared first on Offshore Energy.