Earnings Call Insights: Borr Drilling Limited (NYSE ... impacted by rig suspensions in Mexico and idle time for rigs Arabia I and Vali. Mobilization payments of $44 million are expected upon ...

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 ...

While we expect the first quarter of 2025 to be negatively impacted by the suspension of the three rigs in Mexico, in addition to idle time on "Arabia I" and "Vali" ahead of their respective ...

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-contracting ...

The first quarter of 2025 will be negatively impacted by rig suspensions in Mexico and idle time for rigs Arabia I and Vali. Mobilization ... in multiple regions. Borr Drilling Limited delivered ...

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 ...