HAMILTON, Bermuda — Borr Drilling Ltd. has secured a binding letter of award for the Saga premium jackup drilling rig from an undisclosed operator in Southeast Asia.
The program is expected to commence in the fourth quarter, in direct continuation of the current contract, for a duration of four years plus options.
The company has, after this, a contracted fleet of 20 rigs out of a total of 23 delivered rigs.
