Borr Drilling Limited – Contract Award for Premium Jack-up Rig in Mexico
Reference is made to Borr Drilling Limited’s (NYSE: BORR, OSE: BDRILL) (the “Company”) previously disclosed information regarding its two contracts in Mexico with Petróleos Mexicanos (“Pemex”), in what is referred to as “Cluster 2”, under an integrated services model. The first rig, the “Grid”, has arrived on site and is currently commencing its contract, while the second rig, the “Gersemi”, is expected to commence shortly thereafter. The Company is also pleased to announce that it has received an award from Pemex for an additional contract, which is the third contract under “Cluster 2”