Hamilton, Bermuda – – September 30, 2026 -- Borr Drilling Limited (NYSE: BORR, OSE: BORR) has locked in new commitments for three premium jack-up rigs, extending contract coverage across West Africa and the North Sea into mid-2027.
Norve wins 245-day firm scope off West Africa
An undisclosed operator issued a binding letter of award for the Norve, covering a firm scope of three wells over an estimated 245 days. The contract is set to start mid-December 2026, keeping the rig committed into August 2027, with priced options adding a further 175 days of potential work.
Shell exercises option on Natt in Nigeria
Shell Nigeria Exploration and Production Company has exercised a one-well option on the Natt. Based on the current well program, the rig is expected to remain under contract with Shell into early August 2027.
Joro lands 60-day UK accommodation contract
In Europe, the Joro secured a contract with an undisclosed operator for accommodation activities in the UK. The firm scope runs an estimated 60 days starting mid-October 2026, keeping the rig committed into December 2026, with priced options covering an additional 56 days.
The three awards add to Borr Drilling's contract backlog across its shallow-water jack-up fleet, reinforcing utilization in both the West African and UK offshore markets through the end of 2026 and into 2027.