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Borr Drilling streamlines operations in Mexico

Norwegian jackup rig owner Borr Drilling has reached an agreement with its joint venture partner in Mexico to sell a 49% stake in its integrated services, Opex and Akal (IWS JVs) and acquire an incremental 2% stake in the joint ventures performing drilling services. The transactions, expected to close in Q3 2021, will free up …

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Norwegian jackup rig owner Borr Drilling has reached an agreement with its joint venture partner in Mexico to sell a 49% stake in its integrated services, Opex and Akal (IWS JVs) and acquire an incremental 2% stake in the joint ventures performing drilling services. The transactions, expected to close in Q3 2021, will free up …

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