Borr Drilling secures $41 million drilling contract extension for Valeura Energy
(WO) – Borr Drilling Limited 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.
