Tor Olav Troim’s Borr Drilling cuts profit forecast after rig contract cancellation

Investors focus on weaker financial outlook over black quarter and fully active fleet for the first time

Borr Drilling chairman Tor Olav Troim.
Borr Drilling chairman Tor Olav Troim.Photo: KENNY HICKEY
Published 17 August 2023, 07:25Updated 18 August 2023, 09:51
Tor Olav TroimBorr DrillingNorway