Borr Drilling Secures Contracts for Three Jack-Up Rigs

05:52 PM EDT, 09/30/2026 (MT Newswires) -- Borr Drilling (BORR) secured new commitments for three premium jack-up rigs, extending their contracted periods into late 2026 and 2027, the company said late Wednesday. Financial details weren't provided. The Norve received a binding award in West Africa starting in December for three wells over about 245 days, with options for another 175 days, Borr said. Shell Nigeria Exploration and Production exercised a one-well option on the Natt in Nigeria, keeping the rig contracted into early August 2027, while the Joro won a 60-day accommodation contract starting in October in the UK, with options for another 56 days, Borr said.