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%.
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