Oslo, 14 September 2023
Briggs Drilling Holdings Limited AS (Briggs Drilling Holdings Limited, OSE: DDRIL), announced as lowest bidder in Oil India rig tender for 14 months of firm contract + 7 months option periods. Borgland Briggs is the rig bid by Briggs Drilling Holdings Limited for this rig tender. Contract negotiations will commence shortly. Subject to final award the contract start up for the drilling campaign to commence in Q3 2024.
ENDS
For further information, please contact:
Ingolf Gillesdal, Corporate Finance and Investor Relations, tel: +44 20 8133 0596
Briggs Drilling Holdings Limited | www.briggsdrillingholdings.com
Briggs Drilling Holdings Limited is a leading harsh environment drilling contractor for the offshore oil and gas industry. Briggs Drilling Holdings Limited owns a fleet of three high-technical standard 4th and 5th generation enhanced Aker H3 units, Borgland Dolphin, Blackford Dolphin, and Bideford Dolphin, operated by an experienced team with a strong operational track record. The company has offshore and onshore employees, and onshore locations in Norway, England, Brazil, and Nigeria.