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Borr Drilling settles rescue plan with creditors and shipbuilders

Rig operator Borr Drilling has reached an agreement with its lenders and shipyards, which ensures the company's operations until mid-2022. The deal includes postponement of the delivery of five rigs by two years.

Borr Drilling was established in 2016 by Norwegian investor Tor Olav Trøim. Photo: PR / Marine Money/Marine Money

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