Borr Drilling Limited - Contracting Updates
PR Newswire•30/09/2026•16:39 ET
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Key Highlights
- ➤Norve (BORR) receives award for three wells, estimated 245-day firm scope from mid-December 2026
- ➤Norve (BORR) awarded priced options totaling an estimated 175 days
- ➤Natt (BORR) one-well option exercised by Shell Nigeria, extending contract into early August 2027
- ➤Joro (BORR) awarded UK accommodation contract with 60-day firm duration from mid-October 2026
- ➤Joro (BORR) contract includes priced options for an estimated 56 days
HAMILTON, Bermuda, Sept. 30, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) ("Borr Drilling" or the "Company") is pleased to announce new commitments for three of its premium jack-up rigs.
In West Africa, the Norve has received a binding letter of award from an undisclosed operator. The commitment is expected to commence in mid-December 2026 and includes a firm scope of three wells with an estimated duration of 245 days, keeping the rig committed into August 2027. The commitment also includes priced options with an estimated duration of 175 days.
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