Borr Drilling Ltd. advises that the Company will hold a Special General Meeting on Tuesday, October 1st, 2024 to approve the delisting of the Company's common shares from the Oslo Stock Exchange and to authorise the Board of Directors to take steps to implement the delisting including filing an application to the Oslo Stock Exchange on behalf of the Company. The Board of Directors has fixed 5:00 p.m. Bermuda time on [...]
Please find enclosed the presentation of Borr Drilling Ltd.'s second quarter 2024 results to be held on the webcast/conference call at 15:00 CEST on August 15, 2024. 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/oog8fcz6 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$0.10 per share for the second quarter of 2024. Note to shareholders registered in Euronext VPS, the Norwegian Central Security Depository: Due to implementation of the Central Securities Depository Regulation in Norway, please note the information regarding the payment date for the shares [...]
Borr Drilling Ltd. advises that the 2024 Annual General Meeting of the Company was held on August 14, 2024 at 10:00 ADT 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, 2023 were presented to the Meeting. The following resolutions were passed: To set the maximum number of Directors of the [...]
Borr Drilling Ltd. announced today that its wholly-owned subsidiary Borr IHC Limited has priced an offering of additional 10.000% senior secured notes due 2028 for gross proceeds of approximately $150 million. The Additional Notes will have the same terms and conditions as the existing $1.225 billion aggregate principal amount of senior secured notes due 2028. The proceeds from the offering are intended to be used for the [...]
Borr Drilling Ltd. today announced certain preliminary unaudited results for the quarter ended June 30, 2024. The Company expects for the three months ended June 30, 2024: total operating revenues of approximately $272 million, an increase of $38 million or 16% compared to the first quarter of 2024, operating income of approximately $104 million, an increase of $19 million or 23% compared to the first quarter of 2024, and [...]
Borr Drilling Ltd. and plans to release its financial results for the second quarter 2024 after the close of the New York Stock Exchange on Wednesday 14 August, 2024. The earnings report and presentation will be available from the Investor Relations section on www.borrdrilling.com. A conference call and webcast is scheduled for 15:00 CEST on Thursday 15 August, 2024 and participants are encouraged to dial in 10 minutes [...]
Borr Drilling Ltd. is pleased to announce new contract commitments for three of its premium jack-up rigs, the "Arabia I", the "Gunnlod" and the "Norve". These commitments cover a total of 1,779 days and $332 million in contract revenue, including mobilization and demobilization compensation. The "Arabia I" which had its work scope suspended earlier this year in Saudi Arabia has secured a new long-term contract in Brazil [...]
The Annual General Meeting of Shareholders of Borr Drilling Ltd. will be held on August 14, 2024, in Bermuda. A copy of the Notice of Annual General Meeting and Form of Proxy will be distributed to shareholders by normal distribution methods and is attached to this release. Associated information including the Company's Annual Report can be found on the Company's website www.borrdrilling.com. Hamilton, Bermuda June 7 [...]
Borr Drilling Ltd. advises that the 2024 Annual General Meeting will be held on August 14, 2024. The record date for voting at the Annual General Meeting is set to June 7, 2024. The notice, agenda and associated material will be distributed prior to the meeting. Hamilton, Bermuda June 3, 2024 This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act [...]
Please find enclosed the presentation of Borr Drilling Ltd.'s first quarter 2024 results to be held on the webcast/conference call at 15:00 CEST on May 23, 2024. 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/hwxxiqsa 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, 2024. Highlights Total operating revenues of $234.0 million, an increase of $13.4 million or 6% compared to the fourth quarter of 2023. Net income of $14.4 million, a decrease of $14.0 million compared to the fourth quarter of 2023. Adjusted EBITDA of $116.8 million, an increase of $5.3 million or 5% compared to the fourth quarter of 2023 [...]
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