Jack-up rig specialist Borr Drilling has sold two jack-up drilling rigs and backlog associated with them effective from April 1, 2020, for $15.8 million.The two jack-ups, the Dhabi II and Paragon B152, built in 1981 and 1982, respectively, are on contracts with UAE's ADNOC…
Singapore-based offshore drilling rig builder Keppel Offshore & Marine has delivered a newbuild jack-up drilling rig to Norway's Borr Drilling.The rig, named Hild, was built to Keppel's KFELS Super B Class design. The Hild is the sixth jack-up that Keppel has delivered to Borr Drilling…
Jack-up drilling contractor Borr Drilling has received early contract terminations for five offshore drilling rigs, and has warned that more terminations might be forthcoming. On the bright side, the company has been awarded letters of award for two premium jack-ups…
Jack-up drilling contractor Borr Drilling's Chairman has said that 2019 was a record year when it comes to jack-up rig contract years awarded and that demand is high for modern jack-ups.In a statement Friday, the Chairman of the Board, Paal…
Jack-up rig operator Borr Drilling has entered into a new financing arrangement for the newbuild jack-up rig Tivar.The drilling rig of the KFELS Super B Bigfoot Class is under construction at KFELS shipyard in Singapore and set for delivery in July 2020…
Offshore drilling rig contractor Borr Drilling has reportedly secured more work for its Mist jack-up rig.According to Norwegian media, the Borr has secured an eight-month contract for the Keppel-built offshore drilling unit.Finansavisen recently reported that Svend Anton Maier…
Offshore drilling contractor has taken delivery of a newbuild jack-up rig from Singapore's Keppel. This is Keppel's first rig delivery in 2020.Keppel said Wednesday that the offshore drilling rig, named Heimdal, was built to Keppel's KFELS B…
International drilling contractor to the oil and gas industry Borr Drilling Limited announced the appointment of Mr. Neil Glass as a new director of the Board.Glass graduated from the University of Alberta in 1983 with a degree in Business.…
Subsea 7’s life of field business unit i-Tech 7 reports it has completed an underwater inspection in lieu of dry-docking (UWILD) project for Borr Drilling in the North Sea.Borr Drilling required a hull inspection for its Paragon MSS-1 mid-water semi-submersible…
Drilling contractor Borr Drilling announced that Rune Magnus Lundetræ will step down from his position as Chief Financial Officer. Lundetræ, who has been with the company since 2016, will continue in his position while the company finds a replacement, the company said.
The offshore drilling contractor, Borr Drilling has been awarded three new contracts and two extensions for its rig fleet, adding about $155 million to its backlog.The new contracts comprising two newbuilds, one warm stacked rig and extensions of two active rigs…
Borr Drilling has teaken delivery of a newbuild jackup drilling rig from Keppel Offshore & Marine (Keppel O&M) subsidiary Keppel FELS. Built to Keppel’s proprietary KFELS B Class design, Hermod is the fourth of eleven jackup rigs that Keppel is building for the offshore drilling contractor…
Offshore drilling contractor Borr Drilling announced that Pål Kibsgaard has been formally appointed as the new Chairman of the Board.Kibsgaard will replace Tor Olav Trøim as Chairman, who will continue to serve as a Director and has been appointed as Deputy Chairman…
Oslo and New York-listed Borr Drilling, partly owned by Schlumberger, said on Thursday it expected strong core earnings growth in coming months with demand for its rigs set to rise.The offshore drilling rig contractor reported a negative adjusted earnings before interest…
Networking solutions provider RigNet announced on Wednesday that it has signed a multi-year agreement with Borr Drilling to exclusively provide enhanced managed communication services on any band (C, Ku or Ka) on all of the offshore drilling…
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