Former Schlumberger chief executive Paal Kibsgaard is set to become the new chairman of the board at offshore drilling contractor Borr Drilling.Borr Drilling announced on Thursday that its board unanimously recommends Kibsgaard as the new chairman…
The international drilling contractor to the oil and gas industry Borr Drilling has been awarded an additional jackup rig contract by Mexico’s Petróleos Mexicanos (Pemex).Borr currently has two jackup rigs about to commence work with Pemex, who have now contracted a third rig…
Offshore drilling contractor Borr Drilling has launched the initial public offering (IPO) in the United States of 5 million of its common shares on July 29.The drilling company that operates 27 rigs said that the offering of common shares on…
The offshore drilling contractor to the oil and gas industry worldwide, Borr Drilling has acquired a new jack-up newbuilding. The acquisition price is nearly half of what it was originally ordered for.The offshore driller informed that the Hull No…
Borr Drilling, one of the youngest drilling companies in the offshore industry, has secured offshore drilling contracts with oil company Petroleos Mexicanos (Pemex), which will see two new build jack-ups deployed in Mexico.Jack-up rig contractor…
The offshore oil and gas industry service provider LOC Group has been hired by jack-up rig contractor Borr Drilling for Marine Warranty Surveyor (MWS) services, which commenced on Borr’s Norve and Frigg rigs, currently located in West Africa…
The global enterprise applications company IFS announced that international offshore drilling contractor Borr Drilling has deployed IFS Applications to improve operations and optimize its IT landscape.The enterprise software company said in…
Norwegian contractor Borr Drilling has made the decision to activate speculatively four more newbuild jack-ups as it sees rising demand for such high-specification units.'This decision is made on the back of Borr’s previously announced success…
Offshore rig firm Borr Drilling, controlled by Norwegian investor Tor Olav Troeim, is proposing to buy its rival Paragon Offshore for $232.5 million in a push to consolidate the fragmented rig market, it said on Thursday. A plunge in oil…
Keppel Offshore & Marine subsidiary Keppel FELS has has delivered the first of five jackups to Borr Drilling. The first is the jackup rig SAGA, a KFELS Super B Class design rig. KFELS Super B Class rigs are designed to operate in 400ft water depth and drill to 35…
Borr Drilling has signed an agreement to acquire nine jackup rigs from Sembcorp Marine subsidiary PPL Shipyard, taking its fleet to 26 jackups, once all rigs under construction have been delivered. The acquired rigs have been built or are under construction at PPL's yard in Singapore…
Newcomer Borr Drilling has landed its first deal with a supermajor. Borr and its Nigerian partner company Valiant Energy Services West received a letter of commitment from Total E&P Nigeria for the Frigg jackup. The deal is for a firm one-year period with a possible extension…
Keppel FELS and Borr Drilling have agreed on construction contracts for the five jackup rigs currently being built by Keppel for Transocean, following this week’s earlier announcement of Transocean’s jackup fleet sale to Borr. Image from Transocean…
A Norwegian newcomer with ties to Seadrill, Borr Drilling, is set to acquire Transocean’s entire jackup fleet, including newbuilds, in a US$1.35 billion deal. The Constellation II jackup. Image from Transocean…
Norwegian outfit Borr Drilling has taken delivery of the Frigg (formerly Hercules Resilience) and the Ran (formerly Hercules Triumph) jackup drilling rigs from Hercules Offshore. The two rigs, bought for US$130 million late last year…
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