Borr Drilling confirmed 110 people were safe as air and sea searches continued. BW Energy said no damage or harmful discharge had been reported at MaBoMo, where production was shut down for drilling preparations.
The four-well MaBoMo Phase 2 campaign will target the Hibiscus and Hibiscus South fields, with first production expected in early 2027. Appraisal results could support a fifth well targeting additional oil reserves.
Vaalco Energy has completed Phase 3 drilling offshore Gabon, bringing ETSEM-3H onstream at 2,000 bpd gross. Borr Drilling’s Norve has left the field as Baobab Phase 5 drilling begins offshore Côte d’Ivoire.
PV Drilling will mobilize Borr Drilling’s IDUN jack-up rig for PVEP-HCM’s three-well TL-WHP program offshore Vietnam, with the 134-day campaign expected to start in mid-October 2026.
Borr Drilling has added eight jack-up contract commitments representing more than 2,100 days of firm work and approximately $267 million in Dayrate Equivalent Backlog.
BC Ventures has acquired five jack-up rigs in Mexico for $287 million, increasing Borr Drilling’s owned and jointly owned fleet to 34 rigs.
Paratus Energy Services has received Mexican competition clearance for the sale of Fontis Finance’s drilling operations and five jack-up rigs to CME and BC Ventures.
Paratus Energy Services has secured Mexican competition clearance for the sale of Fontis Finance’s operations and five jack-up rigs. Closing is expected in Q3 2026.
Borr Drilling added 13 contracts in 2026, lifting jack-up rig backlog by more than 2,250 days as it expands its fleet and points to stronger long-term offshore drilling demand.
