Prospector 5
Posted: Sat Oct 07, 2023 3:31 am
Borr Drilling Limited – Announcement of Letter of Award
29 August 2023
Borr Drilling Limited (the “Company”) (NYSE and OSE: “BORR”) is pleased to announce that its premium jack-up rigs “Prospector 5” and “Natt” have received a Letter of Award (“LOA”) for work in West Africa 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 $211 million.
Under this LOA, the “Prospector 5” and “Natt” will remain contracted until May 2026 and December 2025, respectively.
29 August 2023
Borr Drilling Limited (the “Company”) (NYSE and OSE: “BORR”) is pleased to announce that its premium jack-up rigs “Prospector 5” and “Natt” have received a Letter of Award (“LOA”) for work in West Africa 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 $211 million.
Under this LOA, the “Prospector 5” and “Natt” will remain contracted until May 2026 and December 2025, respectively.