Swiss rig contractor Transocean has agreed to sell its fleet of jack-up rigs to Norwegian rival Borr Drilling for $1.35 billion. Borr Drilling said Monday it plans to buy 15 jack-up rigs, including five under construction, from Transocean, which has its main U.S. offices in Houston. The deal, expected to close by the end of …
Source: FuelFix
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