MONTERREY, MEXICO (By Isaac Silvestre, Energy Analytics Institute, 23.Mar.2026, Words: 300) — Borr Drilling Limited entered into definitive agreements to acquire 5 premium jack-up rigs from Fontis Finance Ltd. for a purchase price of $287mn.
The acquisition will be completed through BC Ventures Limited, a newly established 50/50 joint venture between subsidiaries of Borr Drilling and its long-term well construction partner in Mexico.