Borr Drilling Limited – Contracting Update



HAMILTON, Bermuda, Feb. 12, 2024 /PRNewswire/ — Borr Drilling Limited (the “Company”) (NYSE:BORR) (OSE: BORR) is pleased to announce new contract commitments totaling 495 days and $82.2 million in contract revenue for three of its premium jack-up rigs, excluding mobilization and demobilization compensation.

Firstly, BW Energy has extended the contract for the “Norve” by approximately two months through July 2024.

The “Mist” has secured a contract extension from a subsidiary of Valeura Energy in Thailand. The contract extension covers a firm term of 12 months starting in direct continuation to the current contract and will maintain the rig contracted through August 2025.

The “Thor” has received a binding Letter of Award from an undisclosed …

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