Borr Drilling Limited - Contract Terminations

HAMILTON, Bermuda, Oct. 24, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (the "Company") announces that it has terminated two of its drilling contracts following the recent implementation of international sanctions affecting a counterparty. The terminations relate to the contracts for the rigs Odin and Hild in Mexico that had firm commitments until November 2025 and March 2026, respectively.

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