Borr Drilling News


Borr Drilling Announces Jack-up LOI

Aug 04, 2022

Offshore drilling contractor Borr Drilling on Thursday announced it has received a binding letter of intent (LOI) for one of its jack-up drilling rigs from an undisclosed operator in West Africa.Under the deal, Borr's Prospector 5 will drill…

Mubadala Petroleum Books Borr Drilling Jack-up Rig

Jul 15, 2022

Offshore drilling contractor Borr Drilling has secured a binding Letter of Award for its jack-up drilling rig Mist.The deal is with the Abu Dhabi-based Mubadala Petroleum for drilling in Thailand. The contract length has an estimated duration of 210 days…

Borr Drilling Finds Buyer for Three Under-construction Jack-ups

Jun 27, 2022

Jack-up drilling rig owner Borr Drilling has signed a binding letter of intent with an unnamed buyer for the sale of three high-spec jack-up drilling rigs currently under construction with Keppel FELS shipyard for $320 million.Borr Drilling…

Borr Drilling Finds More Work for Saga Jack-up Drilling Rig

May 18, 2022

Oslo-listed offshore drilling firm Borr Drilling has won a binding Letter of Award for its jack-up drilling rig 'Saga' from an undisclosed operator in Southeast Asia.The drilling program is expected to start in Q4 2022, in direct continuation of the current contract…

Borr Drilling Adds 6.9 Years to Contract Backlog as Five Jack-Up Rigs Secure Deals

Apr 04, 2022

Shallow water drilling company Borr Drilling has won new contracts and extensions for five of its premium jack-up drilling rigs. 'These awards increase the company's backlog by approximately 2,530 days [around 6.9 years], excluding optional periods…

Seadrill Names Ex-Borr Drilling Boss as Its New CEO

Mar 25, 2022

Offshore drilling contractor Seadrill Limited has appointed Simon Johnson, former CEO of Borr Drilling, as its new President and Chief Executive Officer. Johnson will replace Stuart Jackson as President and Chief Executive Officer with immediate effect…

Borr Drilling Picks IFS Cloud

Feb 08, 2022

Cloud enterprise software company IFS said Tuesday that the shallow water offshore drilling contractor Borr Drilling was upgrading its existing IT platforms to the latest IFS versions including IFS Cloud, IFS Cloud Services and IFS Success Services…

Borr Drilling Defers $1.4 Billion of Debt Maturities and Yard Instalments

Dec 27, 2021

Offshore drilling rig contractor Borr Drilling announced it has reached agreements in principle with its largest creditors, the Singaporean yards, to refinance and defer a combined $1.4 billion debt maturities and delivery instalments from 2023 to 2025…

Borr Drilling Secures Work for Two Jack-Up Rigs

Dec 17, 2021

Jack-up drilling rig contractor Borr Drilling has won a contract with BW Energy for its jack-up drilling rig Norve for work in Gabon. The contract is scheduled to start in the second half of 2022 after the completion of the rig's current contract…

Lamprell to Convert BW Energy's Jack-Up Rig into Production Unit

Oct 25, 2021

Lamprell, a company building large structures for the offshore energy industry, has won a rig conversion contract with the Oslo-listed oil and gas company BW Energy (BWE).The scope of work involves the conversion of BWE’s Hibiscus Alpha jack-up rig into an offshore production facility…

Converted Jack-Up Drilling Rigs Could be Used for Green Hydrogen Production

Sep 21, 2021

Three companies are working on a project to convert existing jack-up drilling rigs into offshore green hydrogen production units in the North Sea.Offshore engineering firm Aquaterra Energy, renewable hydrogen producer Lhyfe and offshore drilling…

Borr Drilling Wins Drilling Work in Southeast Asia

Sep 02, 2021

Offshore drilling company Borr Drilling said Thursday it had secured a letter of award for its jack-up drilling rig Mist.The deal is with an unnamed operator in Southeast Asia, and the drilling program is set to begin in November 2021.Subject to final confirmation…

Borr Drilling Secures Contracts for Rig Duo in W. Africa

Aug 31, 2021

Shallow water drilling contractor Borr Drilling said Tuesday it had recently secured awards for two offshore rigs in West Africa.'In late August 2021, the company entered into two LOA/LOIs which have previously not been announced for two rigs…

Borr Drilling Secures More Work for Jack-up Rig in Malaysia

Aug 11, 2021

Oslo-listed drilling firm Borr Drilling has secured a Letter of Award for its jack-up drilling rig 'Gunnlod' from an undisclosed operator in Malaysia. The drilling campaign is expected to start in the fourth quarter of 2021 in direct continuation…

Borr Drilling Nets Offshore Rig Work in Mexico

Jul 22, 2021

Offshore drilling contractor Borr Drilling received a Letter of Award for one of its jack-up rigs from an unnamed international oil company for additional work in Mexico. 'The program is expected to commence in the second quarter of 2022 for a duration of approximately 150 days…

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