Borr Drilling: Fundamentals Remain Strong

new look casting Introduction In a previous article, I discussed Borr Drilling (NYSE:BORR), an intriguing company that owns and operates jackup drilling rigs for shallow-water operations. I emphasized the robust fundamentals of the jackup market and how Borr Drilling stands to benefit from the ongoing bull market. The recent surge in jackup rates is a result of various factors both on the demand and supply sides. On the demand side, the demand for shallow-water drilling is strong, particularly from NOCs in ...