Borr Drilling expects steady increase in offshore contracts

Borr Drilling booked a net deficit in the third quarter, however it saw tendering activities accelerate over the period. If the latest oil price fall continues, it could slow recovery. But not seriously.
Photo: Transocean
Photo: Transocean

Drilling company Borr Drilling booked a worsened net result with a USD 39.1 net loss against a USD 9.6 million deficit in the same period last year, shows the report Wednesday.

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