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 is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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