Borr Drilling Limited operates as an offshore shallow-water drilling contractor serving the global oil and gas industry. The company owns and operates a fleet of jack-up drilling rigs, which it deploys under contract to conduct oil and gas drilling and workover operations in shallow-water environments. Its services include the provision of drilling rigs, related equipment, and work crews to support exploration, development, and production activities for its client base.
The company serves a diverse range of operators, including integrated oil majors, national oil companies, and independent exploration and production firms. Its geographic footprint spans multiple regions including the United States, the Middle East, Southeast Asia, Europe, Latin America, and West Africa, reflecting the global distribution of shallow-water drilling opportunities. Borr Drilling was incorporated in Bermuda in 2016, following its transition from its predecessor entity, Magni Drilling Limited, which rebranded in December 2016. The company is headquartered in Hamilton, Bermuda and maintains a market capitalization of approximately $1.8 billion.
No 10-K filings found.