Rigs News in Bermuda

Borr Drilling Enters into LoI for the Sale of Three Jack-Ups
6/27/2022 - In order to sell the "Tivar," "Huldra," and "Heidrun" (collectively referred to as the "Transaction Rigs"), three high-specification units being built at the Keppel FELS shipyard, Borr Drilling Limite...
Valaris Announces Contract Awards & Fleet Status Updates
4/6/2022 - Valaris Limited announced new contracts and contract extensions, with associated contract backlog of $181 million, awarded subsequent to issuing the Company’s most recent fleet status report on Februa...
Borr Drilling Announces New Contracts & Extensions for Jack-up Drilling Rigs
4/4/2022 - Borr Drilling Limited has been awarded new contracts and extensions for 5 of its premium jack-up drilling rigs. These awards increase the company’s backlog by approximately 2,530 days, excluding optio...
Seadrill Announces Seabras JV Fleet Status Report
11/30/2021 - Seadrill Limited ("Seadrill") (SDRLF) and the Issuer announce the publication of a Fleet status report for the Seabras Sapura JV.

The...
Valaris Drillship Achieves ABS Enhanced Electrical System Notation
10/11/2021 - Valaris Limited announced that ultra-deepwater drillship VALARIS DS-12 has become the first vessel in the world to receive the ABS Enhanced Electrical System Notation EHS-E.

Valaris upgrad...
Nabors Announces World's First Fully Automated Land Rig Has Successfully Drilled Its First Well
10/7/2021 - Nabors Industries Ltd., a leading provider of advanced technology for the global energy industry, announced its PACE®-R801 – the world's first fully automated land drilling rig – has reached total dep...
Borr Drilling Awarded Contract for Jack-up Drilling Rig
9/2/2021 - Borr Drilling Limited (“BORR”) is pleased to announce it has secured a Letter of Award (“LOA”) for the premium jack-up drilling rig “Mist” from an undisclosed operator in Southeast Asia. The program i...
Northern Drilling Cancels West Aquila Drillship Order from DSME
8/17/2021 - West Aquila Inc., the 100% owned subsidiary of Northern Drilling Ltd (“NODL”), has notified Daewoo Shipbuilding & Marine Engineering Co. Ltd (“DSME”) that it has cancelled the resale contract for the ...
Seadrill Limited Announces Settlement Agreement with Northern Ocean Ltd.
8/8/2021 - Seadrill Limited has reached a settlement agreement with Northern Ocean Ltd. (“NOL”) predominantly with respect to balances outstanding from Seadrill’s preparation of the West Mira and West Bollsta ri...
Valaris Reports Second Quarter 2021 Results
8/5/2021 - Valaris Limited reported second quarter 2021 results. ...
Seadrill Limited Provides First Quarter 2021 Update
5/20/2021 - Seadrill Limited, a world leader in offshore drilling, provides an update for the first quarter of 2021.

...
Borr Drilling Enters into Agreement to Sell Atla Rig
10/28/2020 - Borr Drilling Limited has entered into an agreement to sell its cold stacked jack-up drilling rig “Atla” to an independent operator. The completion of the sale is expected in the fourth quarter 2020. ...
Borr Drilling Sold Two Standard Jack-up Drilling Rigs
4/30/2020 - A wholly owned subsidiary of Borr Drilling Limited has on April 30, 2020, sold two standard jack-up drilling rigs, the “Dhabi II” and the “Paragon B152”, for total cash proceeds of $15.8 million, incl...
Borr Drilling Announces Update on Contracts & Operations
4/13/2020 - Borr Drilling Limited (BDRILL) is pleased to announce that it has been awarded LOAs for work in the Asia Pacific region for two of its premium jack ups, of which one is a newbuild being activated. The...
Exercise of the Cobalt Explorer Option
4/30/2019 - Northern Drilling Ltd has exercised the option for Cobalt Explorer, a 7th generation DP3 and ultra-deepwater drillship from Daewoo Shipbuilding & Marine Engineering Co. Ltd (“DSME”) for a total consid...
Purchase of Premium Jack-up Drilling Rig
4/1/2019 - Borr Drilling Limited has completed the purchase and taken ownership of the jack-up newbuilding, Hull No. B378 (formerly named Hakuryu-15), for a total consideration of USD122 million from BOT Lease C...
Borr Drilling Limited (BDRILL) – Completes the Paragon Rationalization
4/30/2018 - Borr Drilling has sold 14 old jack-up rigs en bloc to a non-drilling company. The rigs will be delivered to the new owner over the next 30 days. The disposal is expected to contribute up to USD16 mill...
Borr Drilling Acquires Nine Premium Rigs for 1.3 Billion
10/6/2017 - Borr Drilling Limited (Borr Drilling) announces the signing of a Master Agreement for the acquisition of nine premium jack-up rigs from PPL Shipyard Pte Limited (PPL). The acquisition will increase th...
Borr Drilling & Schlumberger Sign Enhanced Collaboration Agreement
10/6/2017 - Borr Drilling Management DMCC and Schlumberger signed an agreement to offer integrated, performance-based drilling contracts in the offshore jack-up market by leveraging the Schlumberger global foot p...
NADL Signs $1.4 Billion Rigs Contract with ConocoPhillips
4/11/2017 - North Atlantic Drilling Ltd (North Atlantic) has secured 10-year contract awards for the jack-ups West Elara and West Linus with ConocoPhillips Skandinavia AS (ConocoPhillips) for work in the Greater ...

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