HAMILTON, Bermuda, March 9, 2026 — Borr Drilling Limited (NYSE: BORR) (Euronext Growth Oslo: BORR) (“Borr Drilling” or the “Company”) issued an operational update today in the wake of recent hostilities in the Arabian Gulf. The Company currently has four jack-up rigs deployed in the region: one in Saudi Arabia, one in the UAE, and two in Qatar.
Aligning with general precautionary measures taken by customers, the three rigs located in Qatar and the UAE have been down manned since last week.
On March 7, 2026, the Arabia III was affected by an incident on a platform operated by a customer. The rig was safely secured, and all personnel were successfully evacuated.
All Borr Drilling employees and crew members in the region are confirmed to be safe and accounted for.
CEO Bruno Morand remarked: “Our top priority is ensuring the safety and wellbeing of our personnel. All employees in the region are safe and we have accounted for everyone. Operations in the region will stay on standby until the situation permits a safe return to activity.”
The Company is continuing to monitor developments closely and maintains active communication with its customers and relevant regional stakeholders. These four rigs remain under contract and are covered by insurance.
The Company intends to provide further updates should there be any material changes in the situation.
About Borr Drilling
Borr Drilling Limited is an international drilling contractor established in Bermuda in 2016. It has been 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 modern, high-specification jack-up rigs, offering services to the shallow-water offshore oil and gas industry globally. Visit our website at www.borrdrilling.com.
CONTACT:
Please direct questions to: Magnus Vaaler, CFO, +44 1224 289208
This information was provided by Cision http://news.cision.com.
https://news.cision.com/borr-drilling-limited/r/borr-drilling-provides-operational-update-on-arabian-gulf-operations,c4318429
SOURCE Borr Drilling Limited