Borr Drilling Reshapes Mexico Operations, Extends Rig Backlog
AI Summary
Borr Drilling has restructured its operations in Mexico by selling its 51% stake in two joint ventures to its local partner, while maintaining ownership of three jack-up rigs currently working with Pemex, extending its rig backlog in the region.
Borr Drilling has agreed to sell its 51% stake in two Mexican joint ventures to its local partner, while retaining ownership of three jack-up rigs working for Pemexβ¦