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Borr Drilling Terminates Two Drilling Contracts Amid International Sanctions
ByAinvest
Friday, Oct 24, 2025 5:09 pm ET1min read
Borr Drilling Limited has terminated two drilling contracts for rigs Odin and Hild in Mexico due to international sanctions affecting a counterparty. The contracts had firm commitments until November 2025 and March 2026. The company remains committed to adhering to international laws and maintaining high corporate governance and compliance standards.
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