(Ecofin Agency) - Recently established offshore drilling company, Borr Drilling says it has received a letter of commitment from Total E&P for the employment of its Frigg jack-up drilling rig in Nigeria.

According to the company, Total will use its rig for one-year starting from Q3 of 2017 and has an option to extend the contract.

“We are proud to have secured our first commitment with a super major. We have during our first 180 days of operation recruited a highly competent organization, built a solid management system and world class operational systems and procedures. We are pleased that these efforts are now recognized by Total E&P Nigeria and we are looking forward to establish our presence and the leading operator of high specification jack-ups in the years to come,” Rune Magnus Lundetræ, Borr’s CEO said. He, however, did not provide the financial details of the deal.

Borr Drilling owns 12 jack-ups rigs and five more under construction. The company was established last year with the goal to acquire and operate drilling assets so as to tap opportunities in the oil and gas industry.

The Frigg jack-up has the capability to operate in water depths of up to 400 feet, and drilling depths of up to 35,000 feet.

Anita Fatunji