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Borr Drilling Limited - Contracting Update and Investor Presentation - Borr Drilling (NYSE:BORR)

Summary by Ground News
The premium jack-up rig "Idun" received a Letter of Intent (LOI) for a 24 months' program in Southeast Asia starting in January 2024. The contract value for this award is expected to be around $124 million. "Arabia III" successfully commenced its 5 year firm contract with Aramco.

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Borr Drilling Limited - Contracting Update and Investor Presentation - Borr Drilling (NYSE:BORR)

HAMILTON, Bermuda, Oct. 4, 2023 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE and OSE: "BORR") has today published an investor presentation enclosed to this release and on its website www.borrdrilling.com, in addition to  providing the following contracting updates. In September 2023, the premium jack-up rig "Idun" received a Letter of Intent (LOI) for a 24 months' program in Southeast Asia starting in January 2024.  We expect this…

·New York, United States
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Benzinga broke the news in New York, United States on Wednesday, October 4, 2023.
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