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Shell Subsidiary Exercises Option for Borr Drilling's Jack-up Rig in Nigeria

MT Newswires·10/01/2026 00:16:19
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12:16 AM EDT, 10/01/2026 (MT Newswires) -- Shell Nigeria Exploration and Production Co., a unit of oil and gas major Shell (SHEL.L, SHELL.AS), exercised a one-well contract option for Borr Drilling's (BORR.OL) jack-up rig, the Natt. The rig is expected to remain under contract with Shell in Nigeria into August 2027, the drilling contractor said Wednesday.