Borr Drilling has agreed to sell its 51% equity stake in Mexican joint ventures Perfomex to its local partner, who will take full ownership and manage the jack-up rigs operating with PEMEX. Borr will keep ownership of the rigs and continue contracts through bareboat charters, maintaining similar financial terms. This move simplifies Borr's operations in Mexico, strengthens local partnerships, and supports future growth in the region. The transaction is expected to close in September 2026, with a transition period to ensure smooth operational handover.
Borr Drilling Limited's operational update in Mexico provides context for energy sector investors. For readers following energy stocks, here is Pluang's market snapshot as of Sep 15, 2026 13:21 WIB: 21 of 30 energy-sector US stocks rose today. Enbridge Inc (ENB) gained 1.34%, while Eni SpA (E) declined 1.36%.
Arthur J. Gallagher expects about 6% organic growth in Q3, driven by strong client retention and new business despite easing property insurance pricing. Cantor Fitzgerald lowered its price target to $280, below the $288 average from 19 analysts who m...
Needham raised Zscaler's price target to $255, citing strong demand for AI-related cybersecurity solutions. Zscaler aims to exceed $8 billion in annual recurring revenue by fiscal 2031, driven by increasing needs to protect against AI-powered cyberat...
Barclays has lowered its price target for Netflix shares from $80 to $70 due to concerns over slower revenue growth and rising content costs, especially for live programming. Despite Netflix's large subscriber base of 325 million, the company faces p...
Granada Gold Mine Inc. has applied for drilling permits to expand its mineral resources at the Granada Gold Project near Rouyn-Noranda, Quebec. The project has historical drilling data covering about 20% of the property, with significant gold resourc...
Calnex Solutions and VIAVI Solutions have expanded their strategic partnership to combine Calnex's network emulation tools with VIAVI's traffic generation and testing solutions. This collaboration enables customers to simulate real-world network cond...
