Rig-leasing Company Sees the Number of Contracted Jack-Up Units Topping 400 Soon

Norway’s Borr Drilling is optimistic about the market for jack-up drilling rigs, saying it expects global utilization and demand rates to continue recovering from the low point marked in 2017.

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Posted by Jennifer Delay Iacullo

Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.

Rig-leasing Company Sees the Number of Contracted Jack-Up Units Topping 400 Soon

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