Borr delays rig deliveries as it bolsters financial position

Oslo-listed rig player agrees amendments with lenders and shipyards that will provide total liquidity improvement of more than $315 million

Strengthening finances: Borr Drilling chairman Paal Kibsgaard
Strengthening finances: Borr Drilling chairman Paal KibsgaardPhoto: AUDUN BRAASTAD/SCANPIX
Published 5 June 2020, 08:24Updated 5 June 2020, 08:24