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Home » Borr Drilling’s Mexican JV closer to being five rigs richer as sale clears regulatory hurdle

Borr Drilling’s Mexican JV closer to being five rigs richer as sale clears regulatory hurdle

Bermuda-headquartered Paratus Energy Services has picked up clearance for the divestment of drilling operations and jack-up fleet belonging to Fontis Finance, an indirect subsidiary, which is divesting its assets to Proyectos Globales de Energía y Servicios CME (CME) and BC Ventures, a 50/50 joint venture between subsidiaries of Bermuda-based Borr Drilling and CME as its long-term well construction partner in Mexico.

The post Borr Drilling’s Mexican JV closer to being five rigs richer as sale clears regulatory hurdle appeared first on Offshore Energy.

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