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Borr Drilling secures new contracts for three jack-up rigs in West Africa and Europe through 2027.

Market News
30 Sep 2026
PRNewsWire
View Source
Bullish
Borr Drilling secures new contracts for three jack-up rigs in West Africa and Europe through 2027.

Borr Drilling has announced new contracts for three of its premium jack-up rigs. The Norve rig will start a 245-day contract in West Africa from mid-December 2026, with options extending into 2027. Shell Nigeria has exercised an option for the Natt rig, keeping it contracted until early August 2027. In Europe, the Joro rig secured a 60-day accommodation contract in the UK starting mid-October 2026, with additional options available. These contracts extend Borr Drilling's operational commitments well into 2027, supporting its position in the offshore drilling market.

Borr Drilling Limited contract updates provide context for offshore drilling activity. For readers following the Energy sector, here is Pluang's market snapshot as of Oct 01, 2026 03:02 WIB: of 38 priced Energy-sector US stocks tradable on Pluang, 15 rose and 21 fell today. Schlumberger NV (SLB) traded at USD 48.72 with a 1-day change of -2.31%, Baker Hughes Co (BKR) at USD 56.04 with -1.89%, and Equinor ASA (EQNR) at USD 41.50 with -1.82%.

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