Borr Drilling’s Arabia 1 jackup to suspend operations

Borr Drilling received a notice of temporary suspension of operations for its Arabia I jackup, currently under contract with Saudi Aramco and operating in Saudi Arabia. The temporary suspension will be for a period of 12 months and is expected to commence in Q2 2024.

Borr intends to seek alternative engagement for the rig while on suspension. The Arabia I has been under contract with Aramco since October 2022.