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Borr Drilling Sells Fourteen Older Jack-Up Rigs Tied to Paragon Offshore Acquisition

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jack-up drilling rigNorwegian drilling contractor Borr Drilling has sold 14 old jack-up rigs tied to its acquisition of Paragon Offshore. The rigs will be sold to non-drilling company and retired from the international jack-up drilling market. Going forward, thirteen of the jack-ups instead will be targeted for Mobile Offshore Production Unit (MOPU) work. The remaining rig is […]

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