Maersk Drilling's third XL Enhanced ultra harsh environment jack-up was named last week at a ceremony held at the Keppel FELS shipyard in Singapore. Mrs. Margareth Øvrum, Executive Vice President in Statoil, honored Maersk Drilling by naming the rig Maersk Integrator.

Maersk Integrator is the third in a series of four ultra harsh environment jack-up rigs to enter Maersk Drilling's rig fleet. The four jack-up rigs represent a total investment of USD 2.6 billion. The first three jack-up rigs, including Maersk Intregrator, has now all been delivered from the Keppel FELS shipyard. The fourth will be delivered from the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea in 2016.

After delivery from the yard, Maersk Intregator will mobilize to the North Sea and commence a four year firm contract with Statoil for drilling on the Gina Krog field in the Norwegian North Sea. The estimated contract value for the firm contract is USD 620 million.

"With the addition of Maersk Integrator to our fleet, we continue to develop our market leading position in the challenging Norwegian market. With Maersk Integrator we now have three of the world's largest, ultra-harsh environment jack-up rigs in our fleet, enabling us to provide safe and efficient drilling operations to our customers in the Norwegian market ," says Claus V. Hemmingsen, CEO of Maersk Drilling and member of the Executive Board of the Maersk Group, and continues:

"The early delivery and good performance is one of the reasons we continually partner with Keppel FELS. Throughout the construction period of the three XLE's, they have been able to consistently provide value-added services while delivering products of the highest technical abilities to our satisfaction"