Borr Drilling Limited - Contracting Updates
Cision•30/09/2026•16:05 ET
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Key Highlights
- ➤Norve (BORR) awarded 245-day West Africa commitment starting mid-December 2026
- ➤Natt (BORR) option exercised by Shell Nigeria for one well into early August 2027
- ➤Joro (BORR) awarded 60-day UK accommodation contract starting mid-October 2026
- ➤Norve (BORR) contract includes priced options totaling an estimated 175 days
- ➤Joro (BORR) contract includes priced options totaling an estimated 56 days
Borr Drilling Limited Hamilton, Bermuda, September 30, 2026 - Borr Drilling Limited (NYSE and 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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