Maersk names fourth jackup at DSME

October 17, 2016

Maersk Drilling’s fourth XL Enhanced ultra-harsh environment jackup was named on 14 October at a ceremony held at the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea.

Maersk Invincible is the fourth and final rig in a series of four ultra-harsh environment jackup rigs to enter the firm’s drilling fleet. The four jackup rigs represent a total investment of US$2.6 billion.

The first three jackup rigs were delivered from the Keppel FELS shipyard, while the Maersk Invincible will be delivered from DSME later in 2016. 

After delivery the rig will mobilize to the North Sea and commence a five year contract with BP Norge for plug and abandonment work on the Valhall field in the Norwegian North Sea.

The estimated contract value for the contract is $812 million, including mobilization from South Korea to Norway, but excluding cost escalation, Maersk said in a statement. 

Image: Maersk and DSME crew at the naming ceremony in South Korea / Maersk



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