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Borr Drilling reduces losses and bags more contracts in third quarter

Borr Drilling exits the third quarter with more contracts and a higher operating income, shows the drilling company's quarterly report.

Photo: PR / Marine Money/Marine Money

Borr Drilling sees light at the end of the tunnel for offshore.

The drilling company, established by Tor Olav Trøim among others, has secured more contracts in the third quarter, according to its quarterly report, and its net deficit has diminished since the previous quarter.

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