Borr Drilling Ltd.

Borr Drilling Ltd. today announced that it has completed its previously announced acquisition of five premium jack-up rigs from Noble Corporation for a total purchase price of $360 million. This acquisition increases Borr Drilling's fleet to 29 rigs, strengthens our ability to serve customers across key offshore basins, and solidifies our position as the leading pure-play owner of premium jack-up rigs. Following this [...]

Noble Corporation plc today announced that it has completed the sale of five jackup rigs to Borr Drilling Ltd. for $360 million. The Company generated approximately $210 million in cash plus $150 million in seller notes from the sale of the Noble Tom Prosser, Noble Mick O'Brien, Noble Regina Allen, Noble Resilient and Noble Resolute. Noble intends to operate two rigs - Noble Mick O'Brien and Noble Resolute - under a [...]

Borr Drilling Ltd. is pleased to announce new contract commitments for two of its premium jack-up rigs. In the Americas, the Ran has received a one-well extension with ENI in Mexico. The well has an anticipated duration of 75 days, keeping the rig on firm contract through March 2026. The remaining options under the contract allow for 240 days of extension beyond the end of the new committed term. Additionally, the Odin [...]

Borr Drilling Ltd. announced today the settlement of its previously announced public offering of 21 million common shares at a price of $4.00 per share for total gross proceeds of $84 million . The Company plans to use the proceeds from the Equity Offering, together with proceeds from a priced debt offering announced on December 9, 2025, seller financing and, if necessary, available cash, for the acquisition of five [...]

Borr Drilling Ltd. announced today that its wholly owned subsidiary Borr IHC Limited and certain other subsidiaries have priced an offering of additional 10.375% senior secured notes due 2030 for gross proceeds of approximately $165 million. The Additional Notes will have the same terms and conditions as the existing senior secured notes due 2030. The Company plans to use the proceeds from the Additional Notes offering [...]

Borr Drilling Ltd. announces today that it has priced its previously announced offering of 21 million common shares at a price of $4.00 per share for total gross proceeds of $84 million . The Company plans to use the proceeds from the Equity Offering, together with proceeds from a concurrent debt offering, seller financing and, if necessary, available cash, for the potential acquisition of five premium jack-up rigs and [...]

Borr Drilling Ltd. announces today its plans to raise approximately $85 million in gross proceeds though an offering of 21 million shares . The Company plans to use the proceeds from the Equity Offering, together with proceeds from a debt offering, seller financing and, if necessary, available cash, for the potential acquisition of five premium jack-up rigs and for general corporate purposes, which may include debt [...]

Borr Drilling Ltd. has entered into an agreement to acquire five premium jack-up rigs from Noble Corporation, consisting of three Friede & Goldman JU-3000N design rigs and two Gusto MSC CJ50 design rigs, for a total purchase price of $360 million. These rigs have complementary specifications and geographic footprint to Borr Drilling's existing fleet, enabling the Company to leverage its best-in-class platform to maximize [...]

Please find enclosed the presentation of Borr Drilling Ltd.'s third quarter 2025 results to be held on the webcast/conference call at 10:00 New York time on Thursday, 6 November 2025. In order to listen to the presentation, participants may do one of the following: a) Webcast To access the webcast, please go to the following link: https://edge.media-server.com/mmc/p/cnew3tt2 b) Conference Call Please use this link to [...]

Borr Drilling Ltd. announces unaudited results for the nine months ended September 30, 2025. Highlights Total operating revenues of $277.1 million, an increase of $9.4 million or 4% compared to the second quarter of 2025 Net income of $27.8 million, a decrease of $7.3 million or 21% compared to the second quarter of 2025 Adjusted EBITDA of $135.6 million, an increase of $2.4 million or 2% compared to the second quarter of [...]