Rig: Frigg

Borr Drilling Limited completes the delivery of jack-up rigs from Hercules Offshore

Borr Drilling Limited announced today that it has completed the delivery of the Frigg (formerly Hercules Resilience) and the Ran (formerly Hercules Triumph) from Hercules Offshore. The two rigs are KFELS Super A class design, built at Keppel, Singapore, in 2013.

Hercules Enters in to Sale Agreement for two Jackups

On December 2, 2016, Hercules British Offshore Limited (the “Seller”), a subsidiary of Hercules Offshore, Inc. (the “Company”), entered into a purchase and sale agreement (the “Purchase Agreement”) with Magni Drilling Limited (the “Buyer”). The Buyer is purchasing from the Seller two jack-up drilling rigs named Hercules Triumph (IMO 8771320) and Hercules Resilience (IMO 8771332) in their entirety, together with everything onboard, including all broached and unbroached provisions, spare parts and equipment onboard or onshore, rig site inventory, drawings, operating manuals, maintenance records, service contracts and all other documents pertaining to them for $130 million in cash. The Purchase Agreement is expected to close on or before January 10, 2017, subject to certain closing conditions.

'Hercules Resilience' jackup is delivered by Keppel FELS

Hercules Offshore Inc (Hercules) has taken delivery of the newbuild ‘Hercules Resilience’ jackup rig from Keppel FELS Limited (Keppel) in Singapore. The ‘Hercules Resilience’ is a high-specification jackup built to Keppel’s KFELS Super A design and is the sister unit of the ‘Hercules Triumph’ rig that was launched earlier in 2013. The unit was originally completed in October 2013; however it has been undergoing additional upgrade work at Keppel’s yard in Singapore over the last previous two months before its official delivery was announced. The unit is being actively marketed for a drilling contract.

Keppel FELS delivers Hercules’ second KFELS Super A Class jackup rig

Keppel FELS Limited (Keppel FELS) has delivered to Hercules Offshore, Inc. (Hercules Offshore), their second harsh environment KFELS Super A Class jackup rig. The rig was named Hercules Resilience at a ceremony today after it was officially delivered on 30 November 2013, 45 days ahead of schedule, on budget and with a perfect safety record. The first KFELS Super A Class rig for Hercules, Hercules Triumph, was delivered in April this year, 46 days ahead of schedule. Designed for the harsh environmental conditions of the North Sea (UK Sector), the ultra high-specification jackup rig is also able to operate efficiently in virtually all parts of the world outside Norway and the Arctic. Its enhanced leg design incorporates Keppel's proven and reliable high capacity rack and pinion jacking system which ensures that the rig is able to jack up securely in a variety of challenging environments.