Borr Drilling Limited Announces Contract Extension

Source: www.gulfoilandgas.com 6/23/2023, Location: Asia

Borr Drilling Limited is pleased to announce it has secured a contract extension for its premium jack-up drilling rig “Mist” from Valeura Energy in Thailand. The contract extension covers a firm term of 9 months starting in direct continuation to the current contract and will maintain the rig contracted through August 2024. The estimated total contract value of this extension is $41 million, excluding unpriced options.

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