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Borr Drilling Secures New Contracts Worth $43mln, Boosts Fleet and Revenue Backlog.
ByAinvest
Wednesday, Aug 27, 2025 8:12 am ET1min read
Borr Drilling Limited has secured new contracts for two premium jack-up rigs, Prospector 1 and Natt, and an additional fleet update. The contracts, totaling 300 days, represent over $43 million in contract revenue backlog. The Prospector 1 has received binding Letters of Award from Dana Petroleum and ONE-Dyas in the Netherlands, while the Natt has secured a contract with New Age in Congo. The Odin rig has also commenced operations under its previously announced contract in Mexico.
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