Borr Drilling Limited said it has secured new contract commitments for two of its premium jack-up rigs in the Americas, marking its first disclosed awards linked to work starting in mid-2026.
In Mexico, the Ran rig received a one-well extension with Eni. The well has an anticipated duration of 75 days, keeping the rig on firm contract through March 2026, with 240 days of remaining options available beyond the new committed term.
In the United States, the Odin rig has secured “a contract for two wells plus an optional well” with an undisclosed operator.
The campaign is expected to commence in mid-2026, with an estimated duration of 60 days per well.
Borr said that Odin’s new firm commitment has triggered an option mechanism in a previously announced contract for work in the Gulf of America, providing customer Cantium with six months of optional period commencing in January 2027.
Borr Drilling Limited is an offshore drilling contractor incorporated in Bermuda and headquartered in Hamilton. The company’s operations are focused on the ownership and operation of jack-up drilling rigs designed for shallow-water offshore oil and gas exploration and development.
