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Lime Petroleum, a subsidiary of Singapore-based Rex International, has hired a Borr Drilling-owned jackup rig for work off Benin.
The oil and gas player signed a deal with a Borr Drilling subsidiary for the Gerd jackup, which will be used to work for 120 days.
The rig will work on the Sèmè field off Benin, operated by Akrake Petroleum Benin, a wholly-owned subsidiary of Lime Petroleum.
Akrake, which holds an approximately 76% working interest in the Sèmè Field, aims to submit a field development plan to the country’s Ministry of Energy, Water and Mines and restart production in the field in the second half of 2025.
The 2018-built jackup is currently working for Italian giant Eni in Congo. The work started in December and is set to end in May 2025. The rig also has a letter of agreement in place for more work in West Africa from June 2025 until September 2025.
The post Borr Drilling jackup scores 120-day contract in Benin appeared first on Energy News Beat.
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Energy News Beat