Borr Drilling sells rigs and postpones annual report

Rig operator Borr Drilling has made an agreement to sell two jack-up rigs. The company also postpones publication of its annual report.

Photo: PR/Transocean

Borr Drilling sells off rigs from its fleet.

According to the drilling company, which like its competitors is hit hard by steep drop in the oil price, this happens as part of a strategy "to focus on the operation of its core fleet of modern jack-up drilling rigs."

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