Oil exploration group renews logistics contract

Borr Drilling, the oil and gas exploration contractor, has extended its contract with CEVA to the end of August 2020.

CEVA has been working with Borr since its inception in 2016. Borr owns and operates jack-up rigs designs providing drilling services worldwide in water depths up to approximately 400 feet.

“There were a number of key highlights to this contract retention including CEVA’s overall value proposition, our consistency in managing Borr Drilling’s operational needs and our ability to react and support during emergencies and out of hours,” said Marcelo Franceschetti, executive vice president global energy sector.

“We have delivered a number of specialist logistics services serving both rig supplies and project cargoes across the globe and we are delighted to continue our partnership with Borr Drilling for another year,” he said.