Borr, Schlumberger team up to offer performance based drilling contracts

Offshore driller Borr Drilling has teamed up with Schlumberger, world’s largest oilfield services company, to offer integrated, performance-based drilling contracts in the offshore jack-up market.

Borr said it would offer the service by leveraging the Schlumberger global foot print, infrastructure and technical expertise and Borr Drilling’s jack-up fleet.

The driller said the combination of the Borr rigs with the Schlumberger integrated offering is “the next step in delivering safe, reliable and efficient drilling operations to our customers through commercially aligned business models.”

Borr Drilling CEO Simon Johnson commented, “The collaboration with Schlumberger is a key enabler to successfully execute our strategy and deliver a truly differentiated offering to our customers, using innovative business models.”

The companies will also explore opportunities to work together in areas such as training, technology projects, and performance optimization.

Offshore Energy Today has reached out to Borr Drilling, seeking more info on how the intended “performance based contracts” would work.

We will update the article if we get a response.

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2017 >>
MTWTFSS
27 28 29 30 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

FPSO Roundtables 2018

The entire FPSO value chain is now critically aware of how conventional modes of cooperation and project delivery must change in light…

read more >

International Petroleum (IP) Week 2018

International Petroleum (IP) Week, hosted by the Energy Institute (EI) is a renowned and highly respected event where leaders from the global…

read more >

8th Myanmar Oil, Gas & Power Summit

The Myanmar Oil and Gas Summit is the longest established Oil & Gas event in Myanmar. Every year the event is attended by government…

read more >

FPSO Europe Congress 2018

The FPSO Europe Congress 2018 builds on these themes, lending a particular focus to FPSO Value Preservation and Operational Excellence…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you\'ll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you\'ll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you\'ll reach countless professionals in the sector. For more information, click below...

apply