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Offshore jackup rig player Borr Drilling has won a contract and an extension for two of its rigs. In the Americas, the 2013-built Ran has received a one-well extension with Italian giant Eni in Mexico. The well has an anticipated duration of 75 days, keeping the rig on firm contract through March 2026. The remaining options under the contract allow for 240 days of extension beyond the end of the new committed term. Additionally, the 2013-built Odin secured a contract for two wells plus an optional well with an undisclosed operator in the US. The campaign is expected to begin mid-2026, with an estimated duration of 60 days per well. As a result of the rig’s new firm commitment, an option in its previously announced contract for work in the Gulf of Mexico has been activated, providing the customer, Cantium, with a six-month optional period commencing in January 2027. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsItaly Mexico Norway United States
Borr Drilling secures first jackup contracts in 2026
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