Borr Drilling Limited began earning dayrate revenue from the Odin on September 11, 2026, after mobilizing the jack-up rig offshore Texas in mid-August and completing acceptance testing. The company also secured a three-well, approximately 130-day campaign for the Idun with an undisclosed operator in Vietnam, scheduled to begin in the fourth quarter of 2026 immediately after its current contract. In Europe, ENI exercised a nine-month option on the Bestla, extending that contract through September 2027, and retains another fixed-price nine-month extension option. Borr expects to assume operational management of the Bestla in the fourth quarter of 2026 after its bareboat charter with the previous owner ends. The Bermuda-incorporated contractor operates modern jack-up rigs focused on shallow-water oil and gas drilling worldwide. The company cautioned that its statements about contracts, operations, revenues, contract coverage and transitions are forward-looking and subject to operational, market, contractual and other risks.