Borr Drilling has agreed to acquire five jackup rigs in Mexico through a new joint venture with CME, adding Fontis Energy’s drilling operations and fleet to its regional position.
Borr Drilling has agreed to acquire five jackup rigs in Mexico through a new joint venture with CME, adding Fontis Energy’s drilling operations and fleet to its regional position.
Transocean will acquire Valaris Limited in a $5.8 billion all-stock deal, forming a 73-rig offshore driller with ~$17 billion enterprise value and ~$10 billion combined backlog.
Noble Corporation plc will sell six jackup rigs for about $424 million, with five units going to Borr Drilling Limited and one to Ocean Oilfield Drilling, leaving Noble focused on deepwater and ultra-harsh jackups.
