Keppel Corp has confirmed that it is in talks with Borr Drilling about the sale of several unwanted jack-up drilling rigs.
“The company wishes to confirm that discussions are ongoing with Borr Drilling in relation to the possible sale of jack-up rigs,” Keppel said in a statement.
“However, the details and terms of any agreement have not yet been finalized and are still subject to ongoing negotiations and discussions, and no definitive agreement has been entered into by the relevant parties yet.”
