Dubai-based Borr Drilling continues to make strides in expanding its presence in the global offshore drilling market, having secured a cutting-edge newbuild jack-up rig from Seatrium, a leading offshore and marine engineering company.
The rig, set to be delivered on an accelerated schedule, is part of Borr Drilling’s strategic growth plan aimed at modernising its fleet and enhancing its ability to meet the increasing demands of the offshore oil and gas sector.
This latest acquisition further reinforces Borr Drilling’s significant role in the Middle East, particularly in its collaboration with ADNOC Drilling. Earlier this year, ADNOC Drilling signed contracts with Borr Drilling for the supply of three high-specification jack-up rigs. These rigs, crucial to ADNOC Drilling’s ambitious plans to expand its offshore capabilities, mark a broader partnership between the two companies.
ADNOC Drilling, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), has been aggressively growing its fleet to meet the rising demand for offshore drilling services, driven by ADNOC’s strategic goals for 2030. The collaboration with Borr Drilling is a key component of this expansion, as the high-performance rigs provided by Borr Drilling are tailored to ADNOC’s specific operational needs, ensuring greater efficiency and productivity in their offshore drilling activities.
Borr Drilling’s newbuild jack-up rig from Seatrium will further bolster its offerings as it continues to support offshore projects. The rig is equipped with the latest technological advancements, designed to enhance drilling performance while maintaining high safety and environmental standards—an increasingly critical factor in the global energy transition.
As the demand for offshore oil and gas exploration continues to grow, particularly in the Middle East, Borr Drilling’s fleet expansion and its deepening relationship with major energy companies in the region will continue to grow.