Borr Drilling wins new rig commitments for three jack-ups, extending work into 2027
BORR•Borr Drilling secured commitments for three jack-up rigs, extending contracted work into 2027. The commitments include a 245-day, three-well contract for Norve, a one-well option for Natt and a roughly 60-day accommodation contract for Joro.
1. Three rig commitments
Norve won a binding letter of award in West Africa for three wells starting in mid-December 2026, with an estimated 245 days of work through August 2027. Shell Nigeria exercised a one-well option on Natt, keeping it contracted into early August 2027, while Joro secured a UK accommodation contract from mid-October 2026 for about 60 days, extending work into December.
