Maersk Drilling Launches Horizon56 to Drive Digitalization of the Industry

Tuesday, December 21, 2021

For the past two years, Maersk Drilling has spearheaded an innovative effort to develop a first-of-a-kind product to support digitalization of offshore drilling processes. The solution, known as RigFlow, has now been segregated into the digitally focused company named Horizon56 A/S to drive further development and commercialization. Horizon56 has been founded as a fully-owned Maersk Drilling subsidiary, with the ambition over time to attract strategic investors to further develop the company and its products and services.

The RigFlow solution standardizes and digitalizes the core workflows involved in the well construction process within offshore drilling operations, including real-time exchange of information between energy companies’ onshore planning units, the offshore drilling operations teams operating the rig, and the service companies supporting the operations. Other benefits of RigFlow include a convenient and user-friendly solution for providing digitalized drilling instructions, as well as automated reporting of data and insights to support quicker and deeper analysis of drilling operations.

“From our dialogues with global oil and gas operators we see that the timing for the RigFlow offering fits well with market trends, and we expect global demand to build over the years to come. We’re thrilled to be part of driving industry digitalization forward, and our product roadmap includes additional exciting solutions that will increase the value creation for operators and contractors even further,” says Esben Thorup, the Managing Director of Horizon56 who previously led the development of RigFlow within Maersk Drilling.

About Horizon56

• The purpose of Horizon56 is to develop and provide digital solutions and services to both oil and gas companies and drilling contractors, with a goal to branch out to adjacent markets outside the oil and gas sector.
• The company’s first offering is the RigFlow solution which digitalizes core workflows including the information and data flow between the operator’s well plan and the offshore rig operations, and by doing so significantly increases efficiency and transparency for both onshore and offshore teams.
• The new entity will continue to provide RigFlow services to Maersk Drilling, supporting the delivery of more efficient, consistent, and digitalized drilling operations to Maersk Drilling’s customers.
• Horizon56 will have offices and employees located in Copenhagen, Stavanger and Aberdeen, and support customers globally.
• More information can be found at https://horizon56.io.

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