Maersk Drilling secures one-year rig contract

Maersk Drilling secures one-year rig contract

Maersk Drilling and Aker BP have entered into an one-year contract to deploy the company’s jackup rig Maersk Integrator on the Norwegian shelf from June 2019.

The rig will become the first rig to be contracted fully under the scope of the alliance between Aker BP, Maersk Drilling and Halliburton.

“This contract really symbolises the close working relationship between Aker BP and Maersk Drilling that we established in late 2017. This is the first contract fully founded on our alliance framework. With shared incentives, all parties will work as one team towards delivering safe and efficient operations at the lowest possible well cost,” said Jørn Madsen, CEO of Maersk Drilling.

Maersk Drilling, Aker BP and Halliburton entered the joint jack-up alliance in November 2017. The alliance aims at lowering the cost per barrel and increasing profitability for the partners through implementation of digital solutions, increased collaboration efficiency, and standardisation and simplification of processes. It is formalised in a five-year agreement with the option to extend for an additional five years.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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