Borr Drilling Limited Announces New Contract Commitments for Two Premium Jack‑Up Rigs

Borr Drilling Limited (NYSE: BORR and Euronext Growth Oslo: BORR) has announced new contract commitments for two of its premium jack‑up drilling rigs as part of its ongoing operational activities. The company revealed that in the Americas, its jack‑up rig Ran has secured a one‑well contract extension with ENI in Mexico. This engagement is expected to last approximately 75 days and keeps the rig on a firm contract through March 2026, with remaining options that could extend the work by up to 240 additional days beyond the current committed term. In addition, Borr Drilling confirmed that another premium rig, Odin, has secured a contract for two wells plus an optional third well with an undisclosed U.S. operator. This drilling campaign is projected to begin mid‑2026, with each well anticipated to take about 60 days to complete. Furthermore, the new firm commitment for Odin has activated an option mechanism in a previously announced contract for work in the Gulf of America, granting the customer Cantium a six‑month optional period starting in January 2027. The announcement also includes standard forward‑looking statements under the U.S. Private Securities Litigation Reform Act, noting that actual outcomes may differ due to various risks and uncertainties related to contract commencements, durations, revenues, and other operational factors. #BorrDrilling #OffshoreContracts #JackUpRigs #EnergyIndustry #SlimScan #GrowthStocks #CANSLIM