Borr Drilling issued its Q4 2021 presentation and here are the highlights
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Ran – Firm period of 5 months with Wintershall in the North Sea
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Prospector 5 – Short term work with Dana Petroleum in the Netherlands
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Norve- Seven-month contract with BWE in Gabon
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Idun- LOA issued from Petronas Cagali in Malaysia
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Groa- LOA issued from QatarEnergy in Qatar
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Natt- LOA issued from Eni in the Congo
Some additional comments on tight market for modern rigs available at short notice, expectation to have 23 working rigs during 2022 as well as anticipation of a 50% increase in revenue for 2022 versus 2021.
Full presentaion available here
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