Borr Drilling Receives Temporary Suspension Notice for Three Rigs in Mexico

MT Newswires Live

2025/01/16

Borr Drilling Limited (BORR) said Thursday that it has received a notice to temporarily suspend for its Galar, Gersemi, and Grid rigs in Mexico.

The suspension is expected to last until March 31, the company said.

Borr Drilling said some or all of the rigs could resume operations before the suspension period ends.

The company's shares were down nearly 6% in recent Thursday premarket activity.

Price: 3.5998, Change: -0.22, Percent Change: -5.76

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