Borr drilling limited - announcement of loa for jack-up drilling rig

Oslo, norway , may 18, 2022 /prnewswire/ -- 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 "saga" from an undisclosed operator in southeast asia. the program is expected to commence in q4 2022, in direct continuation of the current contract, for a duration of four years plus options.
BORR Ratings Summary
BORR Quant Ranking