financetom
Business
financetom
/
Business
/
Borr Drilling Secures New Contract Commitments for 4 Rigs
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Borr Drilling Secures New Contract Commitments for 4 Rigs
Jul 2, 2025 2:49 AM

05:20 AM EDT, 07/02/2025 (MT Newswires) -- Borr Drilling ( BORR ) said Wednesday it has secured new contract commitments for four of its premium jack-up rigs, with a total estimated contract revenue of more than $129 million.

The contracts have a combined period of about 1,300 days, including fixed priced options, according to the company.

Borr Drilling ( BORR ) shares were up 2.6% in recent premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved