Maersk Drilling scoops new jack-up deal in North Sea

  • Business & Finance

Offshore drilling contractor Maersk Drilling has been awarded a contract for the jack-up rig Maersk Gallant with the oil company Maersk Oil.

The contract covers the plugging and abandonment of the Leadon and James subsea fields in the UK sector of the North Sea.

The duration of the contract is estimated to 230 days, set to start in February 2017. The estimated contract value is $24m.

“Despite an extremely challenging market, I am glad to say that Maersk Drilling is still able to secure new contracts for our rigs. By focusing on operational excellence and technical problem solving, we strive to always be a trusted and value-adding partner for our customers,” says Michael Reimer, Head of Global Sales in Maersk Drilling and continues,

“Maersk Drilling has extensive experience with plugging and abandonment operations, and we are looking forward to working closely together with Maersk Oil to safely decommission the two subsea fields, Leadon and James.”

Mærsk Gallant is about to complete its current contract with Total E&P Norge. To remind, after Statoil canceled its contract for the Maersk Gallant in February this year, Total picked it up in direct continuation of the canceled contract.

The rig is designed for year-round operation in the North Sea, in water depths up to 120 m (394 ft) with an available leg length below hull of 138.5 m (454 ft). The rig is fully equipped for high-pressure/high-temperature drilling (HP/HT).

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