The Norve rig is set to begin a 245-day contract in West Africa starting mid-December 2026. Awarded by an undisclosed operator, this project covers three wells and includes priced options for an additional 175 days, ensuring the vessel remains active until at least August 2027. In the same region, Shell Nigeria Exploration and Production Company has extended its engagement with the Natt rig by exercising a one-well option, pushing the current contract timeline into early August 2027.
In section Releases
Borr Drilling Secures New Jack-Up Rig Contracts in Africa and Europe
Borr Drilling Limited has locked in new operational commitments for three of its premium jack-up rigs, extending the company’s fleet utilization across West Africa and the United Kingdom. These agreements, ranging from multi-well drilling programs to specialized accommodation services, solidify the firm’s revenue visibility through mid-2027.
Operations in the UK sector are also expanding, with the Joro rig secured for a 60-day accommodation project. Commencing in mid-October 2026, the contract includes potential extensions for an additional 56 days. These developments reflect a consistent demand for Borr Drilling’s high-specification shallow-water assets, maintaining a steady project pipeline for the Bermuda-based contractor.
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