Borr Drilling secures new rig contracts in the Americas

Additionally, Odin has secured a contract for two wells plus an optional well with an undisclosed operator in the United States. The campaign is expected to commence mid-2026, with an estimated duration of 60 days per well.

As a result of Odin’s new firm commitment, an option mechanism in the rig’s previously announced contract for work in the US Gulf of Mexico has been activated, which provides the customer Cantium with six months of optional period commencing in January 2027.