Tor Olav Trøim’s Borr Drilling has secured more work for two of its premium jackup rigs in West Africa.
The 2014-built Prospector 5 and 2018-built Natt have received a letter of award for work 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 $211m.
The new deal will see Prospector 5 and Natt, both currently working for ENI in Congo stay contracted until May 2026 and December 2025, respectively.
The Oslo and New York-listed Borr has 22 jackups with two more units set to deliver from Singapore’s Seatrium, the former Keppel yard.
