Borr drills investors for another $650m to buy new rigs

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Borr drills investors for another $650m to buy new rigs

Oil rig from Fotolia 230x150
Drilling rig on the oceanat storm | Mike Mareen - stock.adobe.com

Borr Drilling, a Bermuda-registered, Oslo-headquartered offshore oil drilling company, has raised $650m with a 51% capital increase that was placed in an accelerated way on Friday evening.

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