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Lime Petroleum, Borr Drilling agree jackup rig contract

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Lime Petroleum signed a contract with Borr Gerd Limited for the Gerd jackup rig, which will be used for a 120-day drilling campaign in Benin.

The Sèmè Field in Benin is operated by Akrake, which holds an approximately 76 percent working interest in the Sèmè Field, aims to submit a field development plan to the Ministry of Energy, Water and Mines, and restart production in the field in H2 2025.

According to Borr Drilling’s fleet status report, the Gerd jack-up rig has started operations with Eni offshore Congo in early December 2024. Under the contract, the rig will stay with Eni until May 2025. After that, it will begin operations with Lime Petroleum, from June until September 2025.

The post Lime Petroleum, Borr Drilling agree jackup rig contract appeared first on Shipping Herald.


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