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 is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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