Please find enclosed the presentation of Borr Drilling Ltd.'s first quarter 2025 results to be held on the webcast/conference call at 15:00 CET on May 22, 2025. In order to listen to the presentation, you may do one of the following: a) Webcast To access the webcast, please go to the following link: https://edge.media-server.com/mmc/p/8stekv6h b) Conference Call Please use this link to register for the conference call [...]
Borr Drilling Ltd. announces unaudited results for the three months ended March 31, 2025. Highlights Total operating revenues of $216.6 million, a decrease of $46.5 million compared to the fourth quarter of 2024 Net loss of $ million, a decrease of $43.2 million compared to the net income in the fourth quarter of 2024 Adjusted EBITDA of $96.1 million, a decrease of $40.6 million compared to the fourth quarter of 2024 YTD [...]
HAMILTON, Bermuda., May 21, 2025 /PRNewswire/ -- Borr Drilling Ltd. advises that the 2025 Annual General Meeting of the Company was held on May 21, 2025 at 10:00 Bermuda local time at the Company's registered offices at 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2024 were presented to the [...]
Borr Drilling Ltd. plans to release its financial results for the first quarter 2025 after the close of the New York Stock Exchange on Wednesday 21 May, 2025. A conference call and webcast is scheduled for 9:00 AM New York Time on Thursday 22 May, 2025 and participants are encouraged to dial in 10 minutes before the start of the call. The earnings report, webcast and accompanying presentation will be available from the [...]
Borr Drilling Ltd. is pleased to announce new contract commitments for three of its premium jack-up rigs and additional fleet updates. Highlights Secured new awards for the rigs "Thor", "Gerd" and "Norve" with an expected combined duration of 774 days and estimated contract revenues of approximately $120 million, excluding mobilization and demobilization fees. Received re-mobilization notices for the rigs "Galar", "Grid [...]
Borr Drilling Ltd. today filed its Annual Report on Form 20-F for the Year Ended December 31, 2024 . The report is attached to this release. The Company's 2024 Annual Report can be downloaded from the SEC's website from March 25, 2025, and is also available on the Company's website . CONTACT: Questions should be directed to: Magnus Vaaler, CFO, +44 1224 289208 This information was brought to you by Cision [...]
The Annual General Meeting of Shareholders of Borr Drilling Ltd. will be held on Wednesday May 21, 2025. The Board of Directors has fixed the close of business on March 6, 2025, as the record date for determination of the shareholders entitled to receive notice of, attend and vote at the Annual General Meeting or any adjournment thereof. A copy of the Notice of the Annual General Meeting and Form of Proxy will be [...]
The Annual General Meeting of Shareholders of Borr Drilling Ltd. will be held on May 21, 2025, in Bermuda. The record date for voting at the Annual General Meeting is set to March 6, 2025. A copy of the Notice of Annual General Meeting and Form of Proxy will be distributed to Shareholders by normal distribution methods. Associated information including the Company's Annual Report can be found on the Company's website [...]
Please find enclosed the presentation of Borr Drilling Ltd.'s fourth quarter 2024 results to be held on the webcast/conference call at 15:00 CET on February 20, 2025. In order to listen to the presentation, you may do one of the following: a) Webcast To access the webcast, please go to the following link: https://edge.media-server.com/mmc/p/opm27qfq b) Conference Call Please use this link to register for the conference [...]
Borr Drilling Ltd. today announces that the Company's Board of Directors has approved a cash distribution of paid-in capital of US$0.02 per share for the fourth quarter of 2024 to shareholders of record on March 3, 2025. For the shares traded on NYSE, the ex-date is March 3, 2025, and payment date will be on or about March 19, 2025. For shareholders registered in Euronext VPS, the Norwegian Central Security Depository [...]
Borr Drilling Ltd. announces unaudited results for the three and twelve months ended December 31, 2024. Highlights Fourth Quarter 2024 total operating revenues of $263.1 million, an increase of $21.5 million or 9% compared to the third quarter of 2024 Fourth Quarter 2024 net income of $26.3 million, an increase of $16.6 million or 171% compared to the third quarter of 2024 Fourth Quarter 2024 Adjusted EBITDA of $136.7 [...]
Borr Drilling Ltd. is pleased to announce that it has agreed with its major Mexican customer to receive payment settlement for approximately $125 million related to its outstanding receivables. The Company expects to collect this amount in the first half of February 2025. These payments represent over 75% of the outstanding receivables with this customer as of December 31st, 2024. These collections will be subject to an [...]