Borr Drilling Limited (“Borr Drilling” or the “Company”) 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 transaction, Borr Drilling continues to own the youngest jack-up rig fleet with an international footprint.
Borr Drilling’s Chief Executive Officer Bruno Morand commented, “We are pleased to have expanded our premium fleet at an opportune point in this market cycle. These five jack-up rigs are highly compatible with our existing portfolio and provide well-suited capacity for near-term opportunities. The Borr Drilling platform—built on operational excellence, customer centricity, and our premium jack-up rig fleet—remains our defining competitive advantage, and we believe this expansion will deepen customer relationships and drive attractive long-term value for shareholders.”
Rig Renaming
In connection with the acquisition, the five jack-up rigs are to be renamed as follows:
– Legacy Rig Name -> New Rig Name
– Noble Regina Allen -> Sif
– Noble Tom Prosser -> Freyja
– Noble Mick O’Brien -> Forseti
– Noble Resolute -> Bestla
– Noble Resilient -> Joro
About Borr Drilling
Borr Drilling Limited is an international drilling contractor incorporated in Bermuda in 2016 and listed on the New York Stock Exchange since July 31, 2019 and on Euronext Growth Oslo since December 19, 2025 under the ticker “BORR”. The Company owns and operates jack-up rigs of modern and high specification designs and provides services focused on the shallow-water segment to the offshore oil and gas industry worldwide.
About Noble Corporation plc
Noble is a leading offshore drilling contractor for the oil and gas industry. The Company owns and operates one of the most modern, versatile, and technically advanced fleets in the offshore drilling industry. Noble and its predecessors have been engaged in the contract drilling of oil and gas wells since 1921. Noble performs, through its subsidiaries, contract drilling services with a fleet of offshore drilling units focused largely on ultra-deepwater and high specification jackup drilling opportunities in both established and emerging regions worldwide.
Origine : Communiqué Borr Drilling
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