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Borr Drilling Secures New West Africa Contract
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Borr Drilling Secures New West Africa Contract

Borr Drilling (BORR) has released an update.

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Borr Drilling has secured a new contract for its jack-up rig ‘Norve’ in West Africa, extending its work with a repeat customer and adding $58 million to its contract revenue backlog. The contract is set to start in Q3 2025 and covers five firm wells, with the possibility of additional optional wells.

For further insights into BORR stock, check out TipRanks’ Stock Analysis page.

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