Aker BP keeps Maersk rig for Norway wildcat well

April 21, 2021
Aker BP has contracted Maersk Drilling’s low-emission jackup Maersk Integrator for an exploration well offshore Norway.

Offshore staff

LYNGBY, DenmarkAker BP has contracted Maersk Drilling’s low-emission jackup Maersk Integrator for an exploration well offshore Norway.

The assignment will be in direct continuation of the rig’s previously announced work scope, a two-well program on the Ivar Aasen field in the North Sea. The exploration well, likely to spud in December, should take 36 days to complete.

Firm value of the contract is around $9.6 million, excluding integrated services and potential performance bonuses, and there is an option for additional work.

The Maersk Integrator is contracted under a frame agreement between the two companies as part of the Aker BP Jack-up Alliance, which also includes Halliburton.

This determines contracts based on market-rate terms with incentive arrangements, based on delivery and performance.

The ultra-harsh environment jackup was recently converted to a hybrid, low-emission rig.

04/21/2021