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Macro Finance

Borr Drilling Falls 11% After 5 Missing From Rig Sunk Off Gabon

Bloomberg Markets·October 26, 2026·1 min read

Borr Drilling Ltd. shares fell 11% after one of its rigs sank off the African nation of Gabon over the weekend. The incident raises safety concerns for the offshore drilling contractor, which operates a fleet of rigs globally. The company has not yet disclosed details on the cause of the sinking or potential impact on operations.

Read at Bloomberg Markets
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