Borr Drilling (BORR) updates on Arabian Gulf rigs after incident and hostilities

Rhea-AI Filing Summary

Borr Drilling Limited reported an operational update related to recent hostilities in the Arabian Gulf, where it has four jack-up rigs deployed across Saudi Arabia, the UAE and Qatar. As a precaution and in line with customer measures, the three rigs in Qatar and the UAE have been down manned since last week.

On March 7, 2026, the Arabia III rig was affected by an incident on a customer-operated platform, after which the rig was safely shut down and all personnel evacuated. The company states that all employees and crew in the region are accounted for and safe, operations are on standby until conditions allow safe resumption, and the four rigs remain under contract and insured.

Insights

Offshore energy and risk analyst

Operations in the Arabian Gulf are temporarily constrained but personnel are safe and contracts intact.

Borr Drilling outlines precautionary actions after regional hostilities, including down manning three rigs in Qatar and the UAE and safely shutting down the Arabia III after an incident on a customer-operated platform. All personnel are reported safe and evacuated where necessary.

The company emphasizes that the four affected jack-up rigs remain under contract and are insured, which helps frame this as an operational and safety event rather than an immediate contractual loss. However, the update does not quantify downtime or financial effects, so the economic impact depends on contract terms and duration of the standby period.

The statement notes that operations will stay on standby until conditions allow safe resumption and that management is in active communication with customers and stakeholders. Future company communications may clarify any revenue, cost or insurance implications if the situation evolves or the disruption persists.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

March 9, 2026

Commission File Number 001-39007

Borr Drilling Limited

S. E. Pearman Building

2nd Floor 9 Par-la-Ville Road

Hamilton HM11

Bermuda

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K on paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Indicate by check mark if the registrant is submitting the Form 6-K on paper as permitted by Regulation S-T Rule 101(b)(7): ☐

Exhibits

99.1 Press Release

 SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	BORR DRILLING LIMITED
Date: March 9, 2026	By:	/s/ Mi Hong Yoon
	Name:	Mi Hong Yoon
	Title:	Director

Exhibit 99.1

Borr Drilling Provides Operational Update on Arabian Gulf Operations

Hamilton, Bermuda, March 9, 2026 – Borr Drilling Limited (NYSE and Euronext Growth Oslo: BORR) (“Borr Drilling” or the “Company”) today provided an operational update following recent hostilities in the Arabian Gulf, where the Company has four jack-up rigs deployed: one in Saudi Arabia; one in the UAE; and two in Qatar.

In accordance with the customers’ general precautionary measures, the three rigs deployed in Qatar and the UAE have been down manned as of last week.

On March 7, 2026, the Arabia III was impacted by an incident that occurred on a customer-operated platform. The rig was subsequently safely shut down, and all personnel were successfully evacuated.

All Borr Drilling’s employees and crew in the region are accounted for and safe.

CEO, Bruno Morand, commented: “First and foremost, ensuring the safety and wellbeing of our personnel is our highest priority. All employees in the region are safe and accounted for, and operations across the region will remain on standby until conditions allow for a safe resumption of activity.”

The Company continues to closely monitor developments and remains in active communication with its customers and relevant stakeholders in the region. These four rigs remain under contract and are insured.

The Company will provide additional updates in the event of any material developments in the situation.

About Borr Drilling

Borr Drilling Limited is an international drilling contractor incorporated in Bermuda in 2016 and 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 jack-up rigs of modern and high specification designs and provides services focused on the shallow-water segment to the offshore oil and gas industry worldwide. Please visit our website at www.borrdrilling.com.

Questions should be directed to: Magnus Vaaler, CFO, +44 1224 289208

FAQ

What operational impact did recent Arabian Gulf hostilities have on Borr Drilling (BORR)?

Borr Drilling reports precautionary disruption to operations in the Arabian Gulf. Three rigs in Qatar and the UAE have been down manned, and the Arabia III was safely shut down after an incident on a customer-operated platform, with operations placed on standby across the region.

Were Borr Drilling (BORR) personnel harmed in the Arabia III incident?

The company states that all employees and crew in the region are accounted for and safe. After the Arabia III was affected by an incident on a customer-operated platform, the rig was safely shut down and all personnel were successfully evacuated, according to Borr Drilling’s update.

Are Borr Drilling’s Arabian Gulf rigs still under contract and insured?

Yes. Borr Drilling notes that its four jack-up rigs in the Arabian Gulf, including those in Saudi Arabia, the UAE and Qatar, remain under contract and are insured. This suggests contractual relationships continue despite the temporary standby in operations described in the update.

Which Borr Drilling rigs are affected by the Arabian Gulf operational update?

The update covers four jack-up rigs in the Arabian Gulf: one deployed in Saudi Arabia, one in the UAE and two in Qatar. The Arabia III rig is specifically mentioned as having been impacted by an incident on a customer-operated platform before being safely shut down.

How is Borr Drilling (BORR) responding to safety risks in the Arabian Gulf?

Borr Drilling emphasizes that safety and wellbeing of personnel are its highest priority. It has down manned three rigs as a precaution, safely shut down the Arabia III after the platform incident, evacuated personnel, and placed operations on standby until conditions allow safe resumption.

Will Borr Drilling provide further updates on its Arabian Gulf operations?

Yes. Borr Drilling states it continues monitoring developments, remains in active communication with customers and stakeholders, and will provide additional updates if there are any material developments in the situation affecting its four jack-up rigs in the Arabian Gulf region.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EXHIBIT 99.1 4.1 KB