Maersk Drilling secures 11-month extension for low-emission rig and signs Master Framework Agreement with Equinor
Maersk Drilling has been awarded a four-well extension for the low-emission jack-up rig Maersk Intrepid to continue working for Equinor offshore Norway.
Today, Maersk Drilling announces that Equinor has exercised two options of two months each for the Maersk Intrepid jack-up rig to continue working at the Martin Linge field offshore Norway. In addition, the parties have signed a further two-month extension in direct continuation of Maersk Intrepid’s current contract, which in total will keep the rig on contract until the end of August 2020. The options and extension have a total contract value of USD 60m.
Combining hybrid power, data intelligence and cleaning technology, the Maersk Intrepid will push the boundaries for low-emission drilling on conventionally powered offshore rigs.
Equinor has exercised two options of two months each for jack-up rig Maersk Intrepid. As a result, the rig is now contracted to Equinor until the end of February 2020. Two options of two months each remain undeclared on the contract.
Equinor has exercised options and added a new contract for jack-up rig Maersk Intrepid to continue supporting the development towards first oil at the Martin Linge field.