Borr Drilling Wins More Mexico Work
Borr Drilling Limited (NYSE and OSE: BORR) reported Thursday that it has secured a letter of award from an international oil company for a jack-up rig for additional work in Mexico.
According to a written statement from the drilling contractor, the approximately 150-day program will likely commence in the second quarter of 2022 and generate revenues of US$15.7 million.
Borr identified neither the rig nor the customer. However, the company’s most recent fleet status report on May 31, 2021, shows that five of the company’s jack-ups – Galar, Njord, Gersemi, Grid, and Odin – were contracted to Pemex through December 2022.
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