Newly established Borr Drilling has announced plans to scoop up Transocean’s entire fleet of high specification jack-up rigs in a deal worth nearly $1.4 billion. Borr Drilling revealed Monday that it has signed a Letter of Intent with Transocean for the acuisition of 15 jack-ups, comprising ten rigs in Transocean’s fleet and 5 newbuilds under […]
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