Name | Value |
---|---|
Revenues | 227.5M |
Cost of Revenue | 132.0M |
Gross Profit | 95.5M |
Operating Expense | 13.0M |
Operating I/L | 82.4M |
Other Income/Expense | -49.8M |
Interest Income | 1.5M |
Pretax | 26.4M |
Income Tax Expense | 17.7M |
Net Income/Loss | 14.4M |
Borr Drilling Limited is a global offshore drilling contractor serving the oil and gas industry. The company owns and operates a fleet of 23 jack-up drilling rigs, providing equipment and work crews for oil and gas drilling and workover operations in shallow-water areas. Its clients include integrated oil companies, state-owned national oil companies, and independent oil and gas companies. Borr Drilling generates revenue by contracting its rigs and related services to exploration and production companies for offshore drilling activities, supporting the exploration and extraction of oil and gas resources.