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Borr Drilling Limited (NYSE: BORR) is the focus of IBN's latest stock spotlight. The company's shares have moved 2.17% on the day to $8.47. Borr Drilling Limited operates as an offshore drilling contractor to the oil and gas industry worldwide. It owns, contracts, and operates jack-up rigs for...
2023-07-24 09:33:41 ET Summary The Big 3 oilfield services players SLB, BKR and HAL all reported this week. All 3 see strength in international and offshore more than offsetting temporary weakness in North America. We are in the early stages of a multi-year capex cycle that po...
2023-07-12 10:26:29 ET Summary It's time to consider investing in offshore drilling service providers, to benefit from the unfolding upcycle, which is still in the early innings. Importantly, another newbuild cycle appears unlikely. Leading offshore drilling contractor Valaris may...
2023-07-06 18:50:29 ET Summary There is increasing evidence that the Permian Basin may peak soon; peak productivity per foot drilled may already be behind us. Analysts aren't paying enough attention to the paradigm shift that will ensue once this realization becomes mainstream. ...
2023-07-04 15:35:09 ET Summary Last week, Transocean reported an impressive contract win for the harsh-environment semi-submersible rig Transocean Equinox. Including mobilization and demobilization fees, the rig's dayrate should be well above $500,000, a number not witnessed for a...
2023-06-30 19:20:23 ET Crude oil futures climbed this week to cap their first monthly gain of the year, but also another quarterly loss as investors worried that sluggish global economic activity could hurt fuel demand. Brent crude prices chalked up their fourth quarterly loss in a row,...
Borr Drilling Limited - 2023 Annual General Meeting date PR Newswire HAMILTON, Bermuda , June 29, 2023 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) advises that the 2023 Annual General Meeting will be held on August 31, 2023 . The record dat...
2023-06-26 14:09:36 ET Gainers: Superior Drilling Products ( SDPI ) +13% . Borr Drilling ( BORR ) +7% . Aemetis ( AMTX ) +7% . TETRA Technologies ( TTI ) +6% . Universal Stainless & Alloy Products ( USAP ) +6% . Losers: Graphex ( G...
2023-06-23 03:51:02 ET Borr Drilling ( NYSE: BORR ) has secured a $41 million contract extension for its premium jack-up drilling rig 'Mist' from Valeura Energy ( OTCPK:VLERF ) in Thailand. The contract covers a firm term of 9 months starting in direct contin...
Borr Drilling Limited - Announcement of contract extension PR Newswire HAMILTON, Bermuda , June 23, 2023 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) is pleased to announce it has secured a contract extension for its premium jack-up drillin...
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