The PPL Pacific Class 400 rig is owned by Oslo-listed Borr Drilling, which reported it added US$35.1M over 480 days to its backlog. “The recent awards will bring the total number of committed and contracted rigs up to 13, and we are encouraged about this increased activity in the shallow water jack-up drilling market,” said Borr Drilling in a statement. Added Mr Al Alami, "Our client has seen first-hand the unique operational time and cost benefits of utilising the cantilever system on GMS Evolution, when carrying out well workover activities. The system is capable of carrying out all aspects of well workover activity normally carried out by a drilling rig, however, its real strength comes when frequent moves within the field are required. Being self-propelled unlike a drilling rig, Evolution does not rely on tug support, so can move between locations in a fraction of the time."

Source: The North Africa Journal January 12, 2021 08:37 UTC