Seatrium has successfully delivered a newbuild jackup rig, Var, to Borr Drilling, nearly one year ahead of schedule. It is the final newbuild rig in a series of five B Class jackup rigs that ...
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Borr Drilling Limited (BORR): Among the Best NYSE Penny Stocks to Buy According to AnalystsBorr Drilling Limited (NYSE:BORR) is an offshore drilling contractor that owns and operates a fleet of 24 modern jack-up rigs ...
New York-listed Borr owns three of the suspended rigs, and said in its quarterly earnings call the total of 12 suspended jack-ups represents 45% of the Pemex contracted fleet. Borr said the ...
Moreover, Borr’s Q1 2025 will be negatively impacted by suspensions of three rigs in Mexico, in addition to idle time on Arabia One and the Vale. Overall BORR ranks 5th our list of the energy ...
Welcome to the Borr Drilling Limited Q4 2024 Results Presentation ... we successfully completed a new build program with the delivery of our final rig VAR, marking the end of our growth capital ...
Management emphasized mitigation strategies, including reduced CapEx, increased backlog visibility, and marketing idle rigs in multiple regions. Borr Drilling Limited delivered strong Q4 ...
Borr Drilling Ltd. engages in the provision of ... The Dayrate segment consists of rig charters and ancillary services. The IWS segment provides integrated well services through Opex and Akal.
Contract suspensions by Saudi Arabian Oil Company (Aramco (TADAWUL:2222), Aa3 Stable) and an oversupply of rigs have negatively impacted Borr’s current utilization levels and future re ...
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