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Borr Drilling
Fleet Status Report - 20 May 2026
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New Contracts / Extensions / Amendments
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Joro
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• Options exercised: March 2026 to May 2026, Siemens Energy (Germany)
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Ran
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• Extension: April 2026 to September 2026, Eni (Mexico)
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Skald
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• Contract: June 2026 to November 2026, Vestigo Petroleum (Malaysia)
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Thor
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• Contract: July 2026 to October 2026, PVEP-Cuulong (Vietnam)
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Thor
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• Contract: October 2026 to March 2027, Undisclosed (Vietnam)
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Letters of Award
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Sif
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• LOA: July 2026 to October 2026, Undisclosed (Suriname)
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Prospector 5
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• LOA: July 2026 to May 2027, BW Energy (Gabon)
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Other Developments
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Gerd
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• Concluded operations with Lime Petroleum in Benin in mid-February 2026 and commenced operations with Foxtrot International in Ivory Coast in
direct continuation
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Grid
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• Concluded operations with New Age in Congo in mid-March 2026 and commenced operations with Halliburton in Angola in late March 2026
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Natt
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• Concluded operations with Eni in Congo in mid-March 2026 and commenced operations with SNEPCO in Nigeria in late April 2026
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Gunnlod
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• Concluded operations with HLHV JOC in Vietnam in early April 2026 and commenced operations with TLJOC in Vietnam in mid-May 2026
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Skald
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• Concluded operations with Medco Energi in Thailand in mid-April 2026
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Idun
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• Concluded operations with PTTEP in Thailand in late April 2026
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Groa
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• Concluded operations with QatarEnergy in Qatar in late April 2026
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Odin
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• Commencement with Cantium delayed to June 2026
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Forseti
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• Released from QatarEnergy LNG in May 2026. Remains under BBC with Noble Corp until December 2026
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Borr Drilling
Fleet Status Report - 20 May 2026
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Rig Name
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Rig Design
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Rig Water
Depth (ft)
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Year Built
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Customer / Status
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Contract Start
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Contract End
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Location
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Comments
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Contracted Rigs
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Arabia I
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KFELS B Class
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400 ft
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2020
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Petrobras 3
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April - 2025
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April - 2029
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Brazil
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Operating with option to extend
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Arabia II
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KFELS B Class
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400 ft
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2019
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Bunduq
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September - 2025
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January - 2027
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United Arab Emirates
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Operating with option to extend
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Arabia III 1
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KFELS Super A Class
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400 ft
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2013
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Saudi Aramco
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September - 2023
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September - 2028
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Saudi Arabia
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Operating with option to extend
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Bestla 1,4
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Gusto MSC CJ50
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350 ft
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2008
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Eni
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December - 2025
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December - 2026
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Netherlands
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Operating with option to extend
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Forseti 1,4
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F&G JU-3000N
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400 ft
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2013
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Noble Corp
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December - 2025
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December - 2026
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Qatar
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Committed under BBC
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Galar
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PPL Pacific Class 400
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400 ft
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2017
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PEMEX 2
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April - 2024
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May - 2028
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Mexico
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Operating with option to extend
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Gerd
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PPL Pacific Class 400
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400 ft
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2018
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Foxtrot International
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February - 2026
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January - 2027
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Ivory Coast
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Operating with option to extend
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Gersemi
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PPL Pacific Class 400
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400 ft
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2018
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PEMEX 2
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January - 2024
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May - 2028
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Mexico
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Operating with option to extend
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Grid
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PPL Pacific Class 400
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400 ft
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2018
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Halliburton
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March - 2026
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September - 2026
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Angola
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Operating with option to extend
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Gunnlod
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PPL Pacific Class 400
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400ft
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2018
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TLJOC
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May - 2026
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July - 2026
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Vietnam
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Operating
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Joro 1,4
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Gusto MSC CJ50
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350 ft
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2008
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Siemens Energy
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January - 2026
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May - 2026
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Germany
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Operating
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Mist
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KFELS Super B Bigfoot Class
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350 ft
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2013
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Valeura Energy
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December - 2023
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August - 2026
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Thailand
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Operating
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Natt
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PPL Pacific Class 400
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400 ft
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2018
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SNEPCO
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April - 2026
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February - 2027
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Nigeria
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Operating with option to extend
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Njord
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PPL Pacific Class 400
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400 ft
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2019
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PEMEX 2
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May - 2026
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April - 2028
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Mexico
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Operating with option to extend
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Norve
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PPL Pacific Class 400
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400 ft
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2011
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Vaalco Energy
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November - 2025
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September - 2026
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Gabon
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Operating
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Odin
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KFELS Super B Bigfoot Class
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350 ft
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2013
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Cantium
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June - 2026
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December - 2026
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United States of America
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Committed with option to extend
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Undisclosed
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December - 2026
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April - 2027
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United States of America
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Committed with option to extend
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Prospector 1 1
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F&G, JU2000E
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400 ft
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2013
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ONE-Dyas
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December - 2025
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July - 2026
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Netherlands
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Operating with option to extend
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Prospector 5 1
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F&G, JU2000E
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400 ft
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2014
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Eni
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April - 2024
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May - 2026
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Congo
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Operating
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BW Energy
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July - 2026
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May - 2027
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Gabon
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LOA
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Ran 1
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KFELS Super A Class
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400 ft
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2013
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Eni
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May - 2025
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September - 2026
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Mexico
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Operating
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Saga
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KFELS Super B Bigfoot Class
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400 ft
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2018
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Brunei Shell Petroleum
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November - 2022
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April - 2027
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Brunei
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Operating with option to extend
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Sif 1
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F&G, JU-3000N
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400 ft
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2013
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Undisclosed
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July - 2026
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October - 2026
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Suriname
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LOA
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Skald
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KFELS Super B Bigfoot Class
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400 ft
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2018
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Vestigo Petroleum
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June - 2026
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November - 2026
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Malaysia
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Committed with option to extend
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Thor
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KFELS Super B Bigfoot Class
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400 ft
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2019
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HLHV JOC
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November - 2025
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July - 2026
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Vietnam
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Operating
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PVEP-Cuulong
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July - 2026
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October - 2026
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Vietnam
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Committed
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Undisclosed
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October - 2026
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March - 2027
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Vietnam
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Committed
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Vali
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KFELS Super B Bigfoot Class
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400 ft
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2024
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Mellitah Oil and Gas
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March - 2025
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October - 2026
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Libya
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Operating with option to extend
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Available Rigs
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Freyja 1
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F&G, JU-3000N
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400 ft
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2014
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Singapore
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Warm Stacked
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Groa
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PPL Pacific Class 400
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400 ft
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2018
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United Arab Emirates
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Warm Stacked
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Hild
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KFELS Super B Class
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400 ft
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2020
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Mexico
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Warm Stacked
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Idun
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KFELS Super B Bigfoot Class
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350 ft
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2013
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Vietnam
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Warm Stacked
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Var
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KFELS Super B Bigfoot Class
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400 ft
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2024
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Singapore
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Warm Stacked
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Operating / Committed
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Available
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Cold Stacked
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Total Fleet
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29
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24
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5
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0
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![]() |
Borr Drilling
Fleet Status Report - 20 May 2026
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Additional information regarding this Fleet Status Report
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| This summary contains information on letters of intent/award and advanced negotiations. Letters of intent/award or advanced negotiations may not result in an actual drilling contract. | |||||
| Forward Looking Statements: The statements described in this status report that are not historical facts are "Forward Looking Statements". Forward Looking Statements reflect management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. No assurance can be given that the expectations expressed in these Forward-Looking Statements will prove to be correct. Actual results could differ materially from expectations expressed in, or implied by, the Forward-Looking Statements if one or more of the underlying assumptions or expectations proves to be inaccurate or is unrealised. These include, but are not limited to, changes to commencement dates, contract duration, earned day rates, locations and other contractual terms; risks relating to the delivery of drilling rigs under construction; sale and purchase of drilling units; oil and gas prices; and risks associated with international operations generally. No Forward-Looking Statement contained in herein or expressed elsewhere should be relied upon as predicting future events. We undertake no obligation to update or revise any Forward-Looking Statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law. |
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