Borr Drilling Limited - Completes Acquisition of Five Rigs Through New Joint Venture
PR Newswire•29/07/2026•01:44 ET
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Borr Drilling Limited - Completes Acquisition of Five Rigs Through New Joint Venture
HAMILTON, Bermuda, July 29, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) ("Borr Drilling" or the "Company") today announced that BC Ventures Limited ("BC Ventures"), a 50/50 joint venture between the Company and its long-term well construction partner in Mexico, has completed the previously announced acquisition of five premium jack-up rigs from Fontis Finance Ltd. for a total purchase price of $287 million.
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