Borr Drilling Limited (BORR) this month confirmed the commencement of three previously announced contracts in Malaysia. The units were planned to start working in September which they did going with the original schedule.
In the presence of complexities created by the impact of COVID-19, company’s operational team diligently activated those operations complying highest safety and protective measures. Companies in collaboration with Borr Drilling in Asia provided support to reach those standards, said the company in its statement.
As announced previously, ROC Oil signed a contract with Borr Drilling securing the Mist rig while PTTEP has contracted the Gunnlod and Saga jack-ups. All the three drilling units were offshore Malaysia.
The company is also in plans of starting operations of another two premium jack-ups the Prospector 1 and the Prospector 5. Both units are in the North Sea and operations there are likely to be starting in the fourth quarter of 2020, the company noted in a written statement.
The Prospect 1 will be fitted with a Selective Catalytic Reduction (“SCR”) System. This will expected to be reducing the carbon footprints for the environment. It SCR system will enable the company lessen the emission of carbon oxide, hydrocarbons and nitrogen oxide by 90-95% and will be the first rig in company’s fleet fitted with that system.
The system is also equipped with filters which are expected to reduce emission of particle matter by 85%. Rolling out of this technology will help company to contribute towards society’s lower emission plans. The Prospector 1 has been available and warm-stacked since April 2020 and will be working for an undisclosed client in the North Sea.
CEO of Borr Drilling Patrick Schorn, in a comment said that in the face of current challenging scenario commencing operations in three Asian rigs and two more to commence in North Sea is an outstanding achievement which also highlights professionalism and dedication of our team.