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Borr Drilling Limited - Prospector 5 Rig Incident

$BORRPress releaseOct 25, 2026, 2:08 AM ETRead the release

Borr Drilling confirmed the total loss of its Prospector 5 drilling rig, which sank offshore Gabon after a punch-through event during preload and jacking operations on October 24, 2026. Of the 115 personnel onboard, 110 are accounted for and five remain missing with search and rescue ongoing; the rig was contracted to support BW Energy's drilling campaign offshore Gabon.

Key figures

Rig
Prospector 5
Location
offshore Gabon
Personnel onboard
115
Incident time local
20:37 October 24, 2026
Personnel accounted for
110
Personnel unaccounted for
5

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.

    BORR: Borr Drilling Limited - Prospector 5 Rig Incident — AI Analysis | Signal8