Saga

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escveritas
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Saga

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The premium jack-up drilling rig “Saga” has secured a contract with an undisclosed operator in Southeast Asia. This contract will commence in direct continuation of its current contract and the work will cover a 1-well program with an anticipated duration of 45 days.
escveritas
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Re: Saga

Unread post by escveritas »

Borr Drilling Limited – Announcement of LOA for jack-up drilling rig

Borr Drilling Limited (the “Company”) (NYSE and OSE: “BORR”) is pleased to announce it has secured a binding Letter of Award (“LOA”) for the premium jack-up drilling rig “Saga” from an undisclosed operator in Southeast Asia. The program is expected to commence in Q4 2022, in direct continuation of the current contract, for a duration of four years plus options.

The company has after this a contracted fleet of 20 rigs out of a total of 23 delivered rigs.

Hamilton, Bermuda

18 May 2022
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