Borr Drilling Limited (the "Company") (NYSE and OSE: "BORR") has received a
notice of temporary suspension of operation for its rig "Arabia II", operating
in Saudi Arabia. The temporary suspension will be for a period of up to 12
months. The commencement date of the suspension is still to be confirmed by the
customer.
Hamilton, Bermuda
19 November 2024
Forward looking statements
This press release includes forward looking statements, which do not reflect
historical facts and may be identified by words such as "expected", "intends"
and similar expressions and include statements relating to contract duration and
suspension start and end dates, and other non-historical statements. Such
forward looking statements are subject to risks, uncertainties, contingencies
and other factors could cause actual events to differ materially from the
expectations expressed or implied by the forward-looking statements included
herein, including risks related to contracting, and other risks and
uncertainties described in the section entitled "Risk Factors" in our most
recent annual report on Form 20-F and other filings with the Securities and
Exchange Commission. Such risks, uncertainties, contingencies and other factors
could cause actual events to differ materially from the expectations expressed
or implied by the forward -looking statements included herein. These forward
-looking statements are made only as of the date of this release. We do not
undertake to update or revise the forward-looking statements, whether as a
result of new information, future events or otherwise.
Questions should be directed to: Magnus Vaaler, CFO, +44 1224 289208