Seatrium has successfully delivered a newbuild jackup rig, Var, to Borr Drilling, nearly one year ahead of schedule.
It is the final newbuild rig in a series of five B Class jackup rigs that Seatrium delivered to Borr Drilling.
The first three rigs in this series, novated by Borr Drilling to ADNOC Drilling, were delivered in 2022 and 2023. Seatrium delivered the fourth rig to Borr Drilling in August 2024.
Var is a KFELS Super B Class jackup rig, designed to operate in water depths of up to 400ft and drill to depths of up to 35,000ft.
The rig is equipped to drill deep wells both vertically and horizontally. It features a fully automated high-capacity rack and pinion jacking system, with a cantilever structure that has a maximum combined load of 3,700kips.
The rig has the capacity to accommodate full amenities for up to 150 people.
Built at Seatrium’s Pioneer Yard in Singapore, the KFELS Super B Class jackup rig design caters to a wide range of customers, from small independent oil companies to multinational energy corporations.
Seatrium Energy International executive vice-president William Gu said: "We are proud to announce the successful completion of Var, the fifth and final newbuild rig for Borr Drilling, delivered ahead of schedule, within budget and with a commendable safety record. This achievement underscores the effectiveness of Seatrium’s series-build strategy and reinforces our proven track record in delivering high-quality offshore solutions.
“Our One Seatrium Delivery Model enables us to integrate teams across all regions, optimise resources and leverage advanced technologies, allowing us to provide exceptional offshore solutions with our proprietary designs."