Oil and Gas News

Borr Drilling begins work on Malaysian contracts

Borr Drilling has commenced three previously announced contracts in Malaysia for two jack-up rigs, Gunnlod and Saga with PTTEP and Mist with ROC Oil.

PTTEP awarded Borr a one-year contract with Sara and a six-month contract with Gunnlod, both offshore Malaysia.

Borr reported in August that ROC Oil had rescinded a notice of termination for the rig and replaced it with a suspension notice.

The rig was then scheduled to start its contract with Roc in Malaysia around September or October this year.

Borr outlined that the rigs started work during September in line with the original schedule.

The company will also start operations during the fourth quarter on another two premium jack-ups, the Prospector 1 and the Prospector 5, both in the North Sea.

Borr chief executive officer Patrick Schorn said the commencement of operations of three rigs in Asia and two more to follow in the North Sea was an outstanding achievement.

“Considering the current challenging environment, this is a reflection of the professionalism and dedication of our teams,” Schorn said.

The Prospector 1 is the first rig in the company’s fleet to be fitted with a selective catalytic reduction (SCR) system which is expected to reduce the emissions of nitrogen oxide, carbon oxide and hydrocarbon by 90-95 per cent.

In addition, the system is also fitted with filters that is expected to reduce particle matter emission by over 85 per cent.

“With the added complexity of COVID-19, our operational team, with support of our partners in Asia, has diligently performed these activations to the highest standard,” Borr outlined.