Borr Drilling has sold 14 jack-up rigs, which will be handed over to the new owner during the next month.
"The disposal is expected to contribute up to USD 16 million in profit to Borr's Q2-2018 results," writes the rig company, owned by Norwegian investor and former right-hand man of John Fredriksen, Tor Olav Trøim, in a notice to the Oslo Stock Exchange.
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