Borr Drilling wins two West African drilling contracts totaling $211 million
(WO) 鈥 Borr Drilling Limited announced that its premium jack-up rigs, Prospector 5 and Natt, have received a Letter of Award (鈥淟OA鈥) for work in West Africa, in direct continuation of their current contracts. The contracts will have a combined duration of 1,307 days and a total estimated contract value is $211 million.
Under this LOA, the Prospector 5 and Natt will remain contracted until May 2026 and December 2025, respectively.