Ivar Aasen drilling rig to work through 2019

Offshore staff

TRONDHEIM, Norway – Det norske oljeselskap has extended Maersk Drilling’s contract for lease of the XL Enhanced 2 to five years.

The rig, under construction in Singapore, will now drill wells for the Ivar Aasen development in the central Norwegian North Sea from 2014-2019.    

Total value to Maersk over the five-year period is more than $694 million.

Ivar Aasen is estimated to contain 150 MMboe, and is due to deliver first oil in late 2016. Norway’s parliament approved the project in March.


Ivar Aasen
(Photo courtesy Det norske)

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