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Borr Drilling hit by new massive deficit

Rig company Borr Drilling presents a new huge deficit for the third quarter. The company has now lost a total of USD 232 million in 2019.

Photo: PR/Transocean

The third quarter brought a new large deficit for drilling rig operator Borr Drilling.

Even though the company sees improvements in the market, Borr Drilling reports a deficit of USD 79.2 million in the third quarter.

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