Borr Drilling completes acquisition of five rigs from Noble for $360m [Yahoo! Finance]
Borr Drilling Limited Common Shares (BORR)
Company Research
Source: Yahoo! Finance
The deal, announced in December 2025, increases Borr Drilling's fleet to 29 rigs and enhances its ability to serve offshore basins globally. The transaction means Borr Drilling maintains a young fleet with a strong international presence. The rigs involved in the deal are the Noble Regina Allen, Noble Tom Prosser, Noble Mick O'Brien, Noble Resolute and Noble Resilient. These rigs will be renamed by Borr Drilling; the Noble Regina Allen will become Sif, the Noble Tom Prosser will be renamed Freyja, Noble Mick O'Brien will be known as Forseti, Noble Resolute will take on the name Bestla and Noble Resilient will be called Joro. Noble reported that the sale generated approximately $210m in cash and included $150m in seller notes. Furthermore, Noble intends to continue operations of two of the rigs, the Noble Mick O'Brien and the Noble Resolute, until December 2026 under a bareboat charter agreement with Borr. The company will also operate the Noble Resilient for the remainder
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BORR
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 Premium Jack-Up Rigs [Yahoo! Finance]Yahoo! Finance
- NOBLE CORPORATION PLC COMPLETES SALE OF FIVE JACKUPS TO BORR DRILLING [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