Borr Drilling to acquire five rigs of Noble for $360m.

Borr Drilling, an offshore shallow-water drilling contractor, agreed to acquire five rigs of Noble, an offshore drilling contractor, for $360m. "This transaction is expected to be immediately accretive to our shareholders based on both trailing 2025 and anticipated 2026 EBITDA and Free Cash Flow, while also bolstering our balance sheet and sharpening the focus on our established positions in the deepwater and ultra-harsh jackup segments," Robert W. Eifler, Noble President and CEO.