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declan butler's avatar

Ben any reason why Borr is tanking this am ??

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BR Kelleran's avatar

They got temporary suspensions in Mexico until the end of Q1 2025.

"Based on discussions with our customer, it is expected that some or all of these three rigs may be resuming operation prior to this date."

https://tools.eurolandir.com/tools/Pressreleases/GetPressRelease/?ID=7332138&lang=en-GB&companycode=bm-bdrill&v=ticker

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BR Kelleran's avatar

Thanks for the heads up. I just reported it to Substack.

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Rantings Of An Idiot's avatar

Great writeup on 2025.

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