Offshore driller's big win in Brazil a 'vast improvement' on suspended Saudi contract

Borr's contracts so far this year for its shallow-water rigs have yielded an average dayrate of $185,000

One of Borr's jack-up drilling rigs
One of Borr's jack-up drilling rigsPhoto: BORR DRILLING
Published 26 July 2024, 13:58Updated 26 July 2024, 14:01