Equinor will continue working on the Martin Linge field, offshore Norway, as the company exercised to options of two months, which have an overall contract value of USD 60 million, for Maersk’s Intrepid jack-up, as Maersk Drilling announced.
Maersk Drilling and Equinor signed a two-month extension, meaning that the rig will be on contract until the end of August 2020.
In the contract period, Maersk Drilling aims to upgrade the Maersk Intrepid, transforming it into the first hybrid, low-emission rig and also set a new standard low-emissions drilling on the Norwegian Continental Shelf.
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Moreover, to achieve these upgrades, Maersk has to use hybrid power with low levels of NOx emissions, adding data intelligence to further reduce energy consumption and CO2 emissions.
In the meantime, the rig is to be equipped with the NOVOS drilling system to improve the rig’s digital profile; NOVOS system enables the driller to conduct its operations consistently, whereas also improves drilling performances by interacting with third-party advisory algorithms.
For the project, the Norwegian NOx Fund has provided a grant and Equinor has launched compensation formats to stimulate emission reductions.
Morten Kelstrup, CCIO of Maersk Drilling commented
We are proud to continue supporting the development of Martin Linge. It’s great to be able to continue our long-standing cooperation with Equinor, to expand this with the ongoing hybrid, low-emission rig project, and by implementing drilling automation to prepare for the future.
See also:
- Watch: Martin Linge platform installed in North Sea
- First hybrid rig for low emission drilling offshore Norway
