Borr Drilling Limited - Update on Contracts and Operations
Borr Drilling Limited Common Shares (BORR)
Company Research
Source: PR Newswire
OSLO, Norway, April 13, 2020 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BDRILL) is pleased to announce that it has been awarded LOAs for work in the Asia Pacific region for two of its premium jack ups, of which one is a newbuild being activated. The contracts' estimated duration, excluding options, will be for 365 days and 200 days respectively. The rigs are expected to commence contracts in the third quarter of 2020. The Company has received notices of early termination of contracts from Exxon Mobil for the rigs "Gerd" and "Groa" which are working in Nigeria under contracts originally committed until April 2021 and May 2021, respectively. The contracts for both rigs require 180 days notice for early termination. The Company is in discussions with Exxon Mobil with regards to planning the discontinuity of operations for both rigs following the early termination notices. The Company has received notice to stop operations for the "Norve", working in Gabon fo
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News
- Borr Drilling Limited - Update on Share Repurchase Program [Yahoo! Finance]Yahoo! Finance
- Borr Drilling Limited - Update on Share Repurchase ProgramPR Newswire
- Borr Drilling Limited - Notification of PDMR transactionPR Newswire
- Borr Drilling Ltd (BORR) Q3 2024 Earnings Call Highlights: Navigating Market Challenges with ... [Yahoo! Finance]Yahoo! Finance
- Borr Drilling Limited - Q3 2024 Presentation [Yahoo! Finance]Yahoo! Finance
BORR
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form SC
- 11/13/24 - Form SC
- BORR's page on the SEC website