Borr Drilling reported a net loss for Q4 2018 of US $110.7m, compared to a loss of $61.7m in Q4 2017, while net loss in Q3 2018 was $39m. On average, 8.6 rigs were operating during Q4 2018, generating operating revenues of $53.5m, compared to operating revenues of $0.1m in Q4 2017 where only one rig had started operations just before the end of the year.
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