Maersk Drilling Secures Contract for Maersk Reacher in Norway
Maersk Drilling has been awarded a contract with Aker BP for the ultra-harsh environment jack-up rig Maersk Reacher to assist with well intervention, stimulation and accommodation at the Valhall field offshore Norway. The contract is expected to commence in July 2021 and has a firm duration of 270 days. The firm contract value is approximately USD 33.4m. The contract contains options to add up to 90 days of additional intervention work at the Valhall field.
Maersk Reacher is contracted under the terms of the frame agreement that Maersk Drilling and Aker BP entered into in 2017. Maersk Reacher will be reactivated with reduced drilling equipment and a specific focus on delivering the most efficient well intervention and stimulation set-up including a reduced crew level compared to standard drilling mode.
Maersk Reacher is a 350ft, Gusto-engineered MSC CJ50 high-efficiency jack-up rig which was delivered in 2009. It is currently warm-stacked in Frederikshavn, Denmark after ending its previous contract offshore Norway in April 2020.