Maersk Drilling names jack-up rig

Maersk Intrepid is the first in a series of four ultra-harsh environment jack-up rigs to enter Maersk Drilling’s rig fleet. The first three jack-up rigs, including Maersk Intrepid, will be delivered from the Keppel FELS shipyard in 2014 and 2015, while the fourth rig will be delivered from the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea in 2016. The four jack-up rigs represent a total investment of USD 2.6 billion
With a leg length of 206.8m, the rigs are currently considered the world’s largest jack-up rigs. They are designed for year-round operation in the North Sea, in water depths up to 150m. Uptime and drilling efficiency are maximised 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, which ensures a high level of consistency across crews and an improved efficiency.
Upon its delivery, Maersk Intrepid will commence a four-year firm contract with Total E&P Norge AS for drilling 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 USD 550 million.