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Borr Drilling completes acquisition of five rigs from Noble for $360m
['Shree Mishra']
Offshore Technology
The rigs involved in the deal are the Noble Regina Allen, Noble Tom Prosser, Noble Mick O’Brien, Noble Resolute and Noble Resilient.
Borr Drilling has finalised the acquisition of five premium jack-up rigs from offshore drilling contractor Noble for a total of $360m.
The rigs involved in the deal are the Noble Regina Allen, Noble Tom Prosser, Noble Mick O’Brien, Noble Resolute and Noble Resilient.
These rigs will be renamed by Borr Drilling; the Noble Regina Allen will become Sif, the Noble Tom Prosser will be renamed Freyja, Noble Mick O’Brien will be known as Forseti, Noble Resolute will take on the name Bestla and Noble Resilient will be called Joro.
By GlobalData Learn more about Strategic IntelligenceFurthermore, Noble intends to continue operations of two of the rigs, the Noble Mick O’Brien and the Noble Resolute, until December 2026 under a bareboat charter agreement with Borr.