Story thread · 2 reports / 2 sources

Borr Drilling hands operating control of three jackups to Mexican partner

splash247.com · 8h · first reportShare

Offshore driller Borr Drilling has entered into definitive agreements to divest its 51% equity interest in two Mexican subsidiaries to a local partner. Upon completion of the transaction, Borr Drilling will have fully divested its stake in Perfomex JVs, and its local partner will become the sole owner of Perfomex and assume responsibility for managing …