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0 0.0194174757281554 -0.00647249190938512 0.00323624595469249 0.00485436893203873 0.0161812297734627 0.0210355987055016 0.0161812297734627
Stock impact report

Borr Drilling Limited - Contracting and Collections Update

Borr Drilling Limited Common Shares (BORR) 
Company Research Source: PR Newswire
HAMILTON, Bermuda, Oct. 27, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (the "Company") today announced contract extensions for three of its premium jack-up rigs and provided an update on collections in Mexico. The rigs Galar and Gersemi have each been awarded two-year firm contract extensions that will commence in direct continuation of their existing contracts in Mexico. The extensions also include two one-year unpriced options and improved commercial and payment terms. In addition, the rig Njord has received a contract extension through April 2026. The contract value of the extensions is approximately $213 million1, excluding options. The Company remains in active discussions with its customer in Mexico regarding long-term extensions for contracts that expire in the second quarter of 2026. Additionally, the Company recently received payments of approximately $19 million for its operations wit Show less Read more
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