
Borr Drilling Adds Jack-Up Backlog
Borr Drilling added 13 contracts in 2026, lifting jack-up rig backlog by more than 2,250 days as it expands its fleet and points to stronger long-term offshore drilling demand.

Borr Drilling added 13 contracts in 2026, lifting jack-up rig backlog by more than 2,250 days as it expands its fleet and points to stronger long-term offshore drilling demand.

ADES Holding secured three jack-up rig contracts and a separate rig extension offshore Nigeria, expanding backlog and reinforcing its West Africa drilling position.

Borr Drilling said four jack-up rigs in the Middle East are on standby amid the current regional situation. Three units in Qatar and the UAE were downmanned, while Arabia III was shut down safely after a 7 March 2026 incident.

GPO Heavylift’s semi-submersible vessel GPO Sapphire has loaded two jack-up units in Changshu, China, for delivery to the UAE and the Netherlands.

Borr Drilling completed a $360 million purchase of five premium jack-ups from Noble Corporation, lifting its fleet to 29 rigs and supporting near-term opportunities across key offshore basins.

Borr Drilling confirms new jack-up work: Ran extends in Mexico for a 75-day ENI well, while Odin secures a US two-well programme with an optional third, starting mid-2026.

ASRY completed rig repair and upgrade works for ADES Holding in 2025, preparing ADM-501/ADM-504 for Nigeria and completing ADM-503/ADM-511 for Thailand and Brazil.

Borr Drilling has priced an additional $165 million of 10.375% senior secured notes due 2030 to help fund the acquisition of five premium jack-up rigs and for general corporate purposes.

Lianson Fleet Group and PV Drilling have agreed to review joint activities in Malaysia’s offshore drilling sector. Their planned partnership includes rig ownership, chartering and service support, with an initial target of two jack-up units. A shareholders’ agreement is expected in early 2026.
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