BC Ventures, a 50/50 joint venture between Borr Drilling and its long-term well construction partner in Mexico, completed its acquisition of five premium jackup rigs from Fontis Finance for $287 million. The rigs, comprising two Friede & Goldman JU-2000E design units (Oberon and Titania FE) and three LeTourneau Super 116-C design units (Courageous, Defender and …
The post Borr Drilling fleet grows to 34 rigs as Fontis deal closes appeared first on Drilling Contractor.
News, People, Companies and Products