Offshore drilling contractor Borr Drilling announced it has secured a contract extension for its jack-up drilling rig Mist from Valeura Energy in Thailand.
The contract extension covers a firm term of 9 months starting in direct continuation to the current contract and will maintain the rig contracted through August 2024.
The estimated total contract value of this extension is $41 million, excluding unpriced options, Borr Drilling said.
Mist is a Super B Bigfoot Class rig built by Keppel FELS Shipyard in 2013.