Borr wins contract in Mexico for premium jack-up rig duo
Borr Drilling Limited (“Borr” and the “Company”) has announced that one of its subsidiaries, in partnership with OPEX Perforadora S.A. de C.V., has received an official award from Petroleos Mexicanos (“PEMEX”) for the delivery of offshore wells in Mexico
Under this award, Borr will deliver a total of 9 offshore development wells to our customer under an integrated services model. The scope of services will include the deployment of two of the Company’s premium new build jack-ups, the “Grid” and “Gersemi”, both of PPL 400 design which are built to meet the requirements of PEMEX, for period estimated to be around 18 months and expected commencement in mid-2019. Further, under this project, Borr will leverage on its strategic collaboration with our partner and main shareholder, Schlumberger, to provide comprehensive oilfield services and deliver an end-to-end well solution to our customer.
About Borr Drilling Limited
Borr Drilling Limited is an international drilling contractor incorporated in Bermuda in 2016 and listed on the Oslo Stock Exchange from August 30, 2017. The Company owns and operates jack-up rigs of modern and high specification designs and provides services focused on the shallow water segment to the offshore oil and gas industry worldwide.