Borr Drilling Ltd (BORR) Form 6-K — Sep 16, 2026
Borr Drilling announced on September 15, 2026 that the Odin has commenced its contract offshore Texas and began earning dayrate revenues on September 11, 2026, following mid-August mobilization and acceptance testing. In Southeast Asia, the Idun was awarded a contract with an undisclosed operator in Vietnam covering a three-well campaign with an estimated duration of 130 days, scheduled to commence in the fourth quarter of 2026 in direct continuation of the rig's current contract. In Europe, ENI exercised a nine-month option on the Bestla, extending the contract to September 2027, and retains a further fixed-price nine-month extension option.
Key figures
- Idun well count
- 3
- Bestla contract end
- September 2027
- Idun contract start
- Q4 2026
- Odin dayrate revenue start
- September 11, 2026
- Eni option exercised months
- 9
- Idun contract duration days
- 130
- Eni additional fixed price option months
- 9
AI analysis
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