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Home / News / Contracts & Projects / Maersk Intrepid contract for Martin Linge license has been extended

Maersk Intrepid contract for Martin Linge license has been extended

Maersk Intrepid rig (image courtesy of Equinor)

According to Equinor, Maersk Intrepid initially had a contract for operational support for the Martin Linge licence until April 2019. Equinor has now chosen to exercise two one-month options, and then start a new contract from 1^st June to 31^th October 2019.
In addition Maersk Intrepid will get four new two-month extension options. The value of the fixed part of the new contract is assessed at USD 40 million. The jack-up rig will mainly be used to add bed capacity on the field, but may also be used for drilling-related tasks.