EnergyWatch

Borr Drilling lost more than USD 300m amid restructuring

Despite a reduced deficit in the fourth quarter, rig operator Borr Drilling exits 2020 with another deficit of more than USD 300m. The company, which recently secured approval for a rescue plan, still projects a stronger market.

Investor Tor Olav Trøim startede Borr Drilling i 2016. | Photo: PR / Marine Money/Marine Money

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