Maersk Drilling has signed agreements with Halliburton and Petrofac to bring in the two companies to collaborate on the exploration programme under Maersk Drilling’s master alliance agreement with Seapulse.
Under the alliance, Maersk Drilling will be responsible for providing fully integrated drilling services, Petrofac will deliver well management services, and Halliburton will deliver integrated well services.
Morten Kelstrup, COO of Maersk Drilling, said: “We’re thrilled to join forces with Halliburton and Petrofac for this programme which breaks new ground in the industry by using a fully integrated service delivery model aimed at eliminating inefficiencies by aligning incentives and removing complexity across the entire value chain. Halliburton and Petrofac bring strong operational expertise and decades of experience in delivering and integrating oilfield services, which will further contribute to the ability to mitigate the operator cost risk associated with exploration drilling whilst we foster new ways of collaborating across the supply chain.”
The Seapulse portfolio spans wells in several regions, with two wells in the UK North Sea scheduled to start drilling in the second half of 2020.
“We are very pleased to see the well delivery model that we have entered into with Maersk Drilling continue to mature with world-class partners. The Seapulse business model leverages Maersk Drilling’s partnerships’ technological and operational expertise to drill and test a statistically relevant exploration portfolio of a scale normally only associated with major oil companies,” said Scott Aitken, CEO of Seapulse.