TotalEnergies (LSE: TTE) has picked Danish firm Maersk Drilling to carry out well intervention services in the North Sea.
Maersk Reacher, a high-efficiency jack-up rig, will be used to complete the work, which is expected to get underway in July and run for 21 months.
An option to extend the duration of the deal by up to 27 additional months is included.
Claus Bachmann, head of North Sea division in Maersk Drilling, said: “We’re happy to build further on our long-standing collaboration with TotalEnergies by adding this long-term contract which means that two of our rigs will be working for TotalEnergies in Danish waters this year.
“Maersk Reacher will be available for the job after being released from its current work scope in Norway through the planned rig swap with Maersk Integrator.”
Maersk Reacher is a 350ft, Gusto-engineered MSC CJ50 high-efficiency jack-up rig, which was delivered in 2009.
It is currently operating offshore Norway where it is scheduled to be replaced in a rig swap with Maersk Integrator in the next few weeks.
Maersk Reacher will undergo a special periodic survey prior to commencing the contract with TotalEnergies.