Borr Drilling Secures New Contracts for North Sea and West Africa
Borr Drilling has announced contract awards for two of its premium jack-up rigs to operate in the North Sea and offshore Congo, West Africa. The new commitments cover a combined duration of 300 days and represent more than $43 million in contract revenue backlog.
In the North Sea, the Prospector 1 jack-up rig has received separate binding Letters of Award from Dana Petroleum and ONE-Dyas in the Netherlands. The Dana Petroleum commitment covers one well with an anticipated duration of 30 days, scheduled to commence in November 2025. The ONE-Dyas commitment covers three wells with an anticipated duration of 210 days, expected to commence in December 2025, with options for an additional 210 days.
In West Africa, the Natt jack-up rig has secured a contract with New Age in Congo for one well with an anticipated duration of 60 days, scheduled to commence in November 2025. Additionally, the previously announced letter of award for the Odin rig in Mexico has converted into a contract, with operations already commenced.
Source: worldoil.com
