Borr favours shallow waters

摘要

Borr Drilling is upbeat about the outlook for the jack-up rig market, saying “shallow water is the place to be.” Oslo-listed Borr expects the demand for jack-up rigs – espe- cially modern units built after 2000 – to grow further after the market had bottomed out in 2017, with only 296 rigs contracted at the time.