The Norve jack-up rig is gearing up for action in West Africa as Borr Drilling Limited announced a new, US$58mn contract with a returning customer
Anticipated to take around 320 days, the contract scope includes five wells firm, with an additional five optional wells at mutually agreed prices.
Currently operating for Marathon Oil
The contract is expected to start in Q3 2025, following the completion of the premium rig's current operations for Marathon Oil.
Marathon Oil's operations, which are in line with the government's Gas Mega Hub initiative in Equatorial Guinea, is also supported by Petrofac under a master service agreement.
Borr Drilling secures new deal in West Africa
The contract is expected to start in Q3 2025. (Image source: Adobe Stock)
