Brief: Borr Drilling Receives Letter Of Award For Two Jack-Up Rigs
29/08/2023 07:20
Aug 29 (Reuters) - Borr Drilling Ltd BORR.N :
* ANNOUNCEMENT OF LETTER OF AWARD
* PREMIUM JACK-UP RIGS "PROSPECTOR 5" AND "NATT" HAVE RECEIVED LOA FOR WORK IN WEST AFRICA
IN
DIRECT CONTINUATION OF CURRENT CONTRACTS
* CONTRACTS WILL HAVE A COMBINED DURATION OF 1,307 DAYS
* TOTAL ESTIMATED CONTRACT VALUE IS $211 MILLION
* UNDER LOA, "PROSPECTOR 5" AND "NATT" WILL REMAIN CONTRACTED UNTIL MAY 2026 AND DECEMBER
2025,
RESPECTIVELY
Source text for Eikon: ID:nWkr9J7S2H
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