Borr Drilling (NYSE:BORR) is an international offshore drilling contractor providing premium jack-up drilling services to the oil and gas industry. Established in 2016 and incorporated in Bermuda with headquarters in Hamilton, the company is listed on the New York Stock Exchange under the ticker symbol BORR. Borr Drilling focuses exclusively on the ownership and operation of mobile offshore jack-up rigs, catering to exploration and production drilling projects in both mature and emerging hydrocarbon regions.
The company’s core business activities encompass the long-term contracting of high-specification jack-up rigs suitable for shallow-to-intermediate water depths. Borr Drilling’s fleet comprises modern rigs equipped for harsh-environment operations and standard-design rigs for benign conditions. These units are capable of operating in water depths up to 400 feet and drilling to depths exceeding 30,000 feet, offering advanced drilling templates, safety systems and real-time monitoring to optimize operational uptime.
With a global reach, Borr Drilling serves major international and national oil companies across strategic basins in the North Sea, the Mediterranean, West Africa, Southeast Asia and the Middle East. The company secures multi-year contracts, providing integrated drilling solutions that include well program planning, rig mobilization, operational support and maintenance services delivered through its regional offices and on-site technical teams.
Since its inception, Borr Drilling has grown its fleet through targeted acquisitions and new-build contracts, backed by strong support from institutional investors. Guided by a management team with extensive offshore drilling and project management expertise, the company continues to focus on fleet modernization, cost efficiency and safe drilling operations to meet evolving industry standards and client requirements.
