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Thursday, September 14, 2017
Borr Drilling and BW Energy Dussafu entered into a Letter of Intent (LoI), for a drilling campaign offshore Gabon. Under the LoI, Borr’s jackup Norve will be utilized to drill and complete two subsea development wells. The program has an estimated duration of 140-160 days and is scheduled to start in January 2018.
The Norve is expected to mobilize from Limbe, Cameroon in December 2017 to its first drilling location offshore Gabon.
“Borr has secured its second commitment in as many months, under challenging market conditions. We look forward to finalizing this contract and working with BWE to deliver excellent operational performance and high-quality wells,” said Simon Johnson, Borr CEO.
Dussafu is operated by BW Energy Gabon, a joint venture between BW Offshore (66.67%) and BW Group’s wholly owned subsidiary Maple Co. Ltd. (33.33%), with 91.67%. Panoro holds the remaining 8.33%.
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