Borr Drilling secured a binding letter of award for the jackup Norve in West Africa and a customer option exercise for the Natt in Nigeria. The award from an undisclosed operator covers a firm scope of three wells with an estimated duration of 245 days.
The work is expected to begin in mid-December 2026 and will keep the Norve committed into August 2027. Priced options carry an estimated 175 additional days.
Shell Nigeria exercised the one-well option on the Natt. Based on the current well program, the rig is expected to remain contracted with Shell into early August 2027.
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