Borr drilling contract expected
Updated: Aug 11, 2021 11:09 AM
Borr Drilling Limited, the Bermuda-based oilfield services company, has secured a Letter of Award for the premium jack-up drilling rig "Gunnlod" from an undisclosed operator in Malaysia.
The company said the programme is expected to commence in the fourth quarter of this year in direct continuation of the rig's current contract with an approximate duration of 105 days.
This LOA, which Borr said is expected to be converted into a contract shortly, will maintain the rig contracted over the monsoon season in South East Asia and into the first quarter of 2022, when additional employment opportunities should be available for the rig, the company said.
Borr Drilling: secures LOA for the premium jack-up drilling rig "Gunnlod" (File photograph)
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Published August 11, 2021 at 11:09 am (Updated August 11, 2021 at 11:09 am)
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