MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 29.Jul.2026, Words: 219) — Borr Drilling Limited announced BC Ventures Limited, a 50/50 joint venture between the company and its long-term well construction partner in Mexico, completed the previously announced acquisition of 5 premium jack-up rigs from Fontis Finance Ltd. for a total purchase price of $287mn.
This strategic transaction increases Borr’s owned and jointly-owned fleet to 34 rigs and expands its presence in Mexico, a well-established shallow-water market.
