Borr Drilling said Arabia III has resumed work offshore Saudi Arabia, while Groa and Arabia II are due to restart in April 2026. The company also expects Odin to begin work next month and confirmed a new six-month award for Skald in Southeast Asia.
Borr Drilling has secured new contract commitments for four premium jack-up rigs in Gabon, Mexico, Germany, and Vietnam, covering fresh awards and extensions for Prospector 5, Ran, Joro, and Thor.
Borr Drilling has agreed to acquire five jackup rigs in Mexico through a new joint venture with CME, adding Fontis Energy’s drilling operations and fleet to its regional position.
Borr Drilling has agreed to acquire five jackup rigs in Mexico through a new joint venture with CME, adding Fontis Energy’s drilling operations and fleet to its regional position.
Saudi Arabia suspended production at four offshore oilfields, including Safaniya and Zuluf, as security risks linked to tensions with Iran disrupted tanker traffic through the Strait of Hormuz.
Borr Drilling said four jack-up rigs in the Middle East are on standby amid the current regional situation. Three units in Qatar and the UAE were downmanned, while Arabia III was shut down safely after a 7 March 2026 incident.
Borr Drilling completed a $360 million purchase of five premium jack-ups from Noble Corporation, lifting its fleet to 29 rigs and supporting near-term opportunities across key offshore basins.
Borr Drilling confirms new jack-up work: Ran extends in Mexico for a 75-day ENI well, while Odin secures a US two-well programme with an optional third, starting mid-2026.
Semi-submersible heavy lift vessel Seaway Falcon has loaded jack-up GRID at Dos Bocas, Mexico, and sailed for West Africa, ahead of planned GRID campaigns in Congo and Angola through August 2026.
