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BORR Stock - Borr Drilling Limited


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Borr Drilling Limited is a global offshore drilling contractor that provides comprehensive drilling services to the oil and gas industry. The company specializes in owning, contracting, and operating jack-up rigs designed for shallow-water drilling operations. These rigs are equipped to handle a range of activities, including oil and gas exploration, production, and workover operations. Borr Drilling Limited offers a full suite of services, including the provision of advanced drilling equipment and skilled work crews to support its operations.

The company's clientele includes major integrated oil companies, state-owned national oil companies, and independent oil and gas firms. Borr Drilling Limited’s extensive fleet comprises 23 jack-up drilling rigs as of December 31, 2021, each equipped with state-of-the-art technology to meet the diverse needs of its global customer base.

Founded in 2016 under the name Magni Drilling Limited, the company rebranded to Borr Drilling Limited in December 2016. Headquartered in Hamilton, Bermuda, Borr Drilling Limited has rapidly established itself as a significant player in the offshore drilling sector through its commitment to operational excellence and safety.

Borr Drilling Limited continues to focus on expanding its fleet and enhancing its service offerings to address the evolving demands of the offshore drilling market. With a strong emphasis on innovation and reliability, the company aims to deliver value and efficiency to its clients in the oil and gas industry worldwide.

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