Borr Drilling signs contract and letter of award for jack-up drilling rigs

Source: press release, 17 December 2021

‘Norve’, a PPL Pacific Class 400 high specification jackup
‘Norve’, a PPL Pacific Class 400 high specification jackup (photo: Borr Drilling Limited)

Borr Drilling Limited has announced it has secured a contract for the premium jack-up drilling rig Norve with BW Energy for work in Gabon. The contract is expected to commence in the second half of 2022 after the completion of the rigs current contract. The work will cover 4 firm wells with an anticipated duration of 240 days plus options.

Additionally, the company has secured a binding letter of award (LoA) for the premium jack-up drilling rig Thor from an undisclosed operator in Southeast Asia. The program is expected to commence in June 2022 for a duration of 1 year plus options.