Borr Drilling | BORR DRILLING RECEIVES LETTER OF COMMITMENT FOR EMPLOYMENT IN NIGERIA (BORR)
Borr Drilling Limited is an international drilling contractor to the oil and gas industry, with the ambition of acquiring and operating modern drilling assets.
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BORR DRILLING RECEIVES LETTER OF COMMITMENT FOR EMPLOYMENT IN NIGERIA (BORR)

HAMILTON, BERMUDA, JULY 11, 2017 – BORR DRILLING LIMITED (“BORR”), IN CONJUNCTION WITH THE NIGERIAN PARTNER COMPANY VALIANT ENERGY SERVICES WEST AFRICA LIMITED (“VALIANT”), HAS RECEIVED A LETTER OF COMMITMENT FROM TOTAL E&P NIGERIA LIMITED, FOR EMPLOYMENT OF ITS PREMIUM JACK-UP, FRIGG. THE PROJECT WILL BE EXECUTED WITH NIGERIAN PARTNER.

THE COMMITMENT IS FOR A FIRM ONE (1) YEAR PERIOD WITH POSSIBLE EXTENSION, COMMENCING IN THE THIRD QUARTER OF 2017.

THE FRIGG IS A KFELS SUPER A CLASS HIGH-SPECIFICATION JACK-UP, WHICH ENTERED INTO SERVICE IN 2013. THE UNIT, CAPABLE OF OPERATING IN WATER DEPTHS UP TO 400FT AND DRILLING TO DEPTHS OF 35,000FT, IS ONE OF TWO PREMIUM JACK-UPS ACQUIRED BY BORR IN JANUARY THIS YEAR.

RUNE MAGNUS LUNDETRÆ, BORR CEO COMMENTED, “WE ARE PROUD TO HAVE SECURED OUR FIRST COMMITMENT WITH A SUPERMAJOR. WE HAVE DURING OUR FIRST 180 DAYS OF OPERATION RECRUITED A HIGHLY COMPETENT ORGANISATION, BUILT A SOLID MANAGEMENT SYSTEM AND WORLD CLASS OPERATIONAL SYSTEMS AND PROCEDURES. WE ARE PLEASED THAT THESE EFFORTS ARE NOW RECOGNISED BY TOTAL E&P NIGERIA AND WE ARE LOOKING FORWARD TO ESTABLISHING OUR PRESENCE AS THE LEADING OPERATOR OF HIGH SPECIFICATION JACK UPS IN THE YEARS TO COME.

http://www.vpff.no/NOTC/NOTC-nyheter