Tag Archives: borrdrilling

BORR-NS: Update (BUY, TP 60[54])

Borr Drilling┬átoday announced the LOI to purchase Transocean’s 15 jackups in addition to a USD 800m equity offering. The accretive nature of these corporate events leads us to raise our target price to NOK 60 (from 54). As we highlighted...

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Posted in Oil services, rig | Tagged , | 7 Comments