Borr Drilling Limited
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Bruno Morand
- Full Time Employees
- 2,784
- Sector
- Industrial services
- Industry
- Contract drilling
- Address
- S. E. Pearman Building Hamilton HM Bermuda HM11
- IPO Date
- Dec 19, 2016
- CIK
- 0001715497
- Website
- borrdrilling.com
- Similar Companies
- Business
- Borr Drilling Limited is an international offshore shallow-water drilling contractor that owns and operates a modern fleet of premium jack-up rigs for the global oil and gas industry. The company provides drilling services including exploration, production, workover, plug and abandonment, and Carbon Capture and Storage (CCS) operations in water depths up to approximately 400 feet; its fleet comprises high-specification designs such as Pacific Class 400, F&G JU2000E, KFELS B Class, KFELS Super B class, and KFELS Super A Class rigs, totaling around 24 units that enable efficient operations for major integrated oil companies, national oil companies, and independent exploration and production firms. Founded in 2016 and headquartered in Hamilton, Bermuda, Borr Drilling maintains a global presence with active operations in regions including the United States Gulf of Mexico, Mexico, Brazil, North Sea, West Africa, Middle East, Southeast Asia, Europe, Latin America, the Netherlands, Congo, and Angola. In recent developments, the company secured 22 new contract commitments year-to-date through 2025 covering over 4,820 days with approximately $625 million in potential revenue, including multi-year extensions for rigs Galar, Gersemi, and Njord in Mexico valued at $213 million, a 320-day contract for Norve in West Africa worth $58 million, new awards for Odin and Grid expanding into the Gulf of America and Angola, and additional commitments for Prospector 1 and Natt in the Netherlands and Congo; Borr Drilling also completed a $102.5 million equity offering in July 2025 to bolster liquidity, appointed Bruno Morand as CEO and Patrick Schorn as Executive Chairman in September 2025, added Thiago Mordehachvili to its Board of Directors in August 2025, and navigated contract terminations for Odin and Hild due to international sanctions while achieving 99.6% technical utilization across its active rigs.
Company News
Borr Drilling (NYSE:BORR) Shares Gap Up – Here’s Why
Borr Drilling (NYSE: BORR) director buys shares and lifts stake
Borr Drilling Limited - Contracting Updates
Dawson Geophysical (NASDAQ:DWSN) and Borr Drilling (NYSE:BORR) Critical Survey
Borr Drilling CEO Buys 45,500 Shares in $200,000 Stock Purchase. What Does Ths Tell Investors?
Borr Drilling Director Tor Olav Troim Buys 150,000 Shares. Is This a Buy Signal for Investors?
Borr Drilling Director Troim Buys One Million Shares in the Open Market. What Does This Mean for The Stock?
Borr Drilling Limited - Investor Presentation
Borr Drilling Limited - Investor Presentation
Borr Drilling: Jackup Market Recovery Pure Play With Substantial Upside, Maintain Buy
Borr Drilling Limited - Operational and Contracting Updates
Borr Drilling Limited - Operational and Contracting Updates
Borr Drilling Limited - Streamlines Mexico Operations
Borr Drilling Limited - Streamlines Mexico Operations
Is Borr Drilling a Buy After Director Tor Olav Troim Buys 200,000 More Shares?
Borr Drilling: The Insiders Are Buying Again
Borr Drilling Director Tor Olav Troim Buys 500,000 Shares for $2.2 Million. Is This a Signal to Buy?
Why Borr Drilling Stock Withered on Wednesday
Borr Drilling Limited (BORR) Q2 2026 Earnings Call Transcript
Borr Drilling Q2 Earnings Call Highlights