Borr Drilling Completes Acquisition of Five Premium Jack-Up Rigs
Borr Drilling Limited Common Shares (BORR)
Company Research
Source: PR Newswire
HAMILTON, Bermuda, Jan. 28, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE and Euronext Growth Oslo: BORR) ("Borr Drilling" or the "Company") today announced that it has completed its previously announced acquisition of five premium jack-up rigs from Noble Corporation for a total purchase price of $360 million.This acquisition increases Borr Drilling's fleet to 29 rigs, strengthens our ability to serve customers across key offshore basins, and solidifies our position as the leading pure-play owner of premium jack-up rigs. Following this transaction, Borr Drilling continues to own the youngest jack-up rig fleet with an international footprint.Borr Drilling's Chief Executive Officer Bruno Morand commented, "We are pleased to have expanded our premium fleet at an opportune point in this market cycle. These five jack-up rigs are highly compatible with our existing portfolio and provide well-suited capacity for near-term opportunities. The Borr Drilling platform-built on operational exce
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News
- Borr Drilling Limited (BORR): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Assessing Borr Drilling (NYSE:BORR) Valuation After Recent Share Price Momentum And Conflicting Fair Value Signals [Yahoo! Finance]Yahoo! Finance
- Borr Drilling Limited - Invitation to Webcast and Conference Call for Q4 2025 ResultsPR Newswire
- Borr Drilling completes acquisition of five rigs from Noble for $360m [Yahoo! Finance]Yahoo! Finance
- Borr Drilling Completes Acquisition of Five Premium Jack-Up Rigs [Yahoo! Finance]Yahoo! Finance
BORR
Sec Filings
- 1/30/26 - Form 6-K
- 1/29/26 - Form 6-K
- 1/6/26 - Form 6-K
- BORR's page on the SEC website