Borr Drilling Limited Announces First Quarter 2024 Results

HAMILTON, Bermuda, May 23, 2024 /PRNewswire/ -- Borr Drilling Limited ("Borr", "Borr Drilling" or the "Company") announces unaudited results for the three months ended March 31, 2024. Highlights CEO, Patrick Schorn commented: "The first quarter results have been strong, driven by solid operational performance with technical utilization coming in at 99.0% and economic utilization at 98.6%, keeping us right on track to meet our annual plan. We finished the quarter with all 22 delivered rigs operating, however ...