Borr Drilling secures jackup contract from BW Energy

Borr Drilling secures jackup contract from BW Energy

Norwegian jackup rig owner Borr Drilling has accepted a letter of intent from BW Energy, a subsidiary of BW Offshore, for a drilling campaign offshore Gabon.

Commencing in January next year, Borr Drilling’s jackup Norve will be utilised to drill and complete two subsea development wells over an estimated duration of 140-160 days.

“Borr has secured its second commitment in as many months, under challenging market conditions. This fixture demonstrates our customer’s confidence in Borr’s premium assets and highly capable organisation,” said Simon Johnson, CEO of Borr Drilling.

Borr Drilling completed the acquisition of the entire jackup fleet of Transocean for $1.35bn at the end of May and last month the company was listed on Oslo Bors.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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