Borr Drilling Limited

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.

Hamilton, Bermuda – September 18, 2026 -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) confirmed that its jack-up rig Odin began earning dayrate revenue offshore Texas on September 11, 2026, following mobilization in mid-August and completed acceptance testing.

Odin starts dayrate operations offshore Texas after August mobilization

The rig's contract activation marks the completion of a testing phase that followed its move to the U.S. Gulf Coast, giving Borr an active revenue-generating asset in the Americas region.

Idun wins three-well Vietnam campaign lasting an estimated 130 days

An undisclosed operator awarded the Idun a three-well drilling campaign in Vietnam, scheduled to start in the fourth quarter of 2026 as a direct continuation of the rig's current contract, extending its Southeast Asia workload without a gap in deployment.

Hamilton, Bermuda – September 17, 2026 -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) has signed definitive agreements to sell its 51% equity interest in Mexican joint ventures Perforaciones Estratégicas e Integrales Mexicana S.A. de C.V. and Perforaciones Estratégicas e Integrales Mexicana II, S.A. de C.V. (together, "Perfomex") to its long-standing local partner.

Local partner takes full ownership of Perfomex and rig operations

Once the deal closes, Borr's partner becomes sole owner of Perfomex and takes over management of the jack-up rigs Galar, Gersemi and Njord, which currently work under contract with PEMEX. Borr Drilling will retain title to all three rigs and continue earning from the underlying PEMEX contracts through bareboat charter agreements, with economics expected to remain largely unchanged from the current setup.