Borr Drilling Limited - Announcement of LOA for jack-up drilling rig
Borr Drilling Limited (the “Company”) (NYSE and OSE: “BORR”) is pleased to announce it has secured a binding Letter of Award (“LOA”) for the premium jack-up drilling rig “Mist” from Mubadala Petroleum in Thailand for an estimated duration of 210 days. The program is expected to commence in January 2023 and has an estimated total contract value of $25.2 million. Hamilton, Bermuda 15 July 2022 Forward looking statements This press release includes forward looking statements, which do not reflect historical facts and may be identified by words such as "expect", "will" and similar