General – Fleet Expansion
Borr Drilling has completed the acquisition of five premium jack-up rigs for a total purchase price of $360 million.
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Borr Drilling has completed the acquisition of five premium jack-up rigs for a total purchase price of $360 million.
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Borr Drilling has signed a US$360 million agreement to acquire five jack-up rigs from Noble Corp, while preparing to raise roughly US$85 million through a public offering of 21 million shares.
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Borr Drilling announced Friday it has terminated two drilling contracts in Mexico following the implementation of international sanctions affecting an unnamed counterparty.
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Valeura Energy’s development drilling campaign at the Jasmine field on Block B5/27 offshore Thailand is underway with Borr Drilling 400-ft jackup Mist.
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Borr Drilling has secured contracts for two of its jack-ups, with all three assignments set to start later this year, the company said in an Aug. 27 update.
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Petrobras has welcomed the Borr Drilling-owned jack-up rig Arabia I to start decommissioning activities at its maiden offshore field in Brazilian waters.
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Borr Drilling announces new commitments for premium jack-up rigs Thor, Gerd, and Norve, improving its fleet coverage in 2025 and beyond.
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Borr Drilling announced new contract commitments for three of its premium jack up rigs, the Arabia I, the Gunnlod, and the Norve.
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Borr Drilling has announced new contract commitments totalling 495 days and $82.2 million in contract revenue for three of its premium jack up rigs, excluding mobilisation and demobilisation compensation.
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Borr Drilling secured a contract extension for its premium jack-up drilling rig Mist from Valeura Energy in Thailand.
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