Maersk Drilling names giant jack-up

Maersk Drilling names giant jack-up Image copyright Maersk Drilling

MARCH 24, 2014 — In a ceremony held at the Keppel FELS shipyard, Singapore, March 21, Karen Tiffen, wife of Martin Tiffen, Managing Director of Total E&P Norge AS, named the ultra harsh environment jack-up rig Maersk Intrepid in the presence of the Guest of Honor Mr Lui Tuck Yew, Minister for Transport in Singapore.

Maersk Intrepid is the first in a series of four ultra harsh environment jack-up rigs to enter Maersk Drilling's rig fleet. The four jack-up rigs represent a total investment of $2.6 billion. The first three jack-up rigs, including Maersk Intrepid, will be delivered from the Keppel FELS shipyard in 2014-2015, and the fourth will be delivered from the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea in 2016.

After delivery from the shipyard, Maersk Intrepid will mobilize to the North Sea and commence a four year firm contract with Total E&P Norge AS for drilling the demanding and complex wells on the Martin Linge field development in the Norwegian North Sea. The contract includes four one-year options. The estimated contract value for the firm contract is $550 million.

"With the naming of the Maersk Intrepid, we are opening a new chapter in Maersk Drilling's Norwegian history," says Claus V. Hemmingsen, CEO of Maersk Drilling and member of the Executive Board of the A.P. Moller – Maersk Group."We have invested in the Maersk Intrepid and its three sister rigs in order to continue to grow and leverage our market leading position in Norway. The Maersk Intrepid is the first of the four rigs being delivered and I am very pleased that it is going to Norway to work for one of our key customers, Total E&P Norge AS."

With a leg length of 206.8 m (678 ft), Maersk Drilling's ultra harsh environment XL Enhanced jack-ups are the world's largest jack-up rigs and are designed for year round operation in the North Sea, in water depths up to 150 m (492 ft).

Uptime and drilling efficiency are maximized through dual pipe handling. While one string is working in the well bore, a second string of casing, drill pipe or bottom hole assembly can be assembled/disassembled and stored in the set-back area, ready for subsequent transfer for use in the well bore, thus reducing the non-productive time.

The drill floor features Multi Machine Control - a fully remote operated pipe handling system allowing all standard operations such as stand building and tripping to be conducted without personnel on the drill floor thus ensuring a high level of consistency across crews and an improved efficiency.