Borr Drilling sees sharp decline and adjusts 2024 outlook as oil market cools

Rig owner navigates market challenges, has 17 new contracts, and adjusts EBITDA guidance amid client caution

Borr Drilling chief executive Patrick Schorn at the Pareto energy conference 2024 — Borr Drilling chief executive Patrick Schorn at the Pareto energy conference 2024Photo: KUBRIX

Xu Yihe

Asia CorrespondentSingapore

Published 7 November 2024, 04:13Updated 7 November 2024, 07:34

Borr Drilling

Saudi Arabia

Mexico

Americas

North America