WEST AFRICA: Borr Drilling Lands New Contract Commitments for 2 Jack-up Rigs

Borr Drilling reports that it has secured new awards for the rigs “Gerd” and “Norve” with an expected combined duration of 774 days. The “Gerd” has secured a binding Letter of Award from Foxtrot in Ivory Coast for a one-year firm program, scheduled to begin in late Q4 2025.

The “Norve” has received a Letter of Award from an undisclosed operator for a campaign with an expected duration of 11 months, set to commence in the second half of 2026. The final contract remains subject to the customer’s Final Investment Decision (FID), anticipated in Q2 2025.

Borr Drilling also reports the commencement of long-term contracts for the “Vali” in Libya.