Borr Drilling Secures New Contracts for Two Premium Jack-Up Rigs
ByAinvest
Tuesday, Jan 6, 2026 3:28 am ET1min read
BORR--
Borr Drilling has secured two new contract commitments for its jack-up rigs. The Ran has received a one-well extension with ENI in Mexico, while the Odin has secured a contract for two wells with an undisclosed operator in the US. The Odin's new commitment has activated an option mechanism in its previously announced contract with Cantium, providing six months of optional period commencing in January 2027.
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