Borr Drilling Limited - Prospector 5 Rig Incident Update - November 2, 2026
Cision•02/11/2026•01:30 ET
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Key Highlights
- ➤Fourth individual recovered; one person remains unaccounted for
- ➤Independent classification society investigation launched into Prospector 5 incident
- ➤Investigation will assess all potential causes of catastrophic stability loss
Expert Statements
Bruno Morand, CEO of Borr Drilling
“This continues to be an incredibly difficult time for everyone involved, and above all, for the families and loved ones of the four individuals who have lost their lives and for the individual who remains missing.”
Bruno Morand, CEO of Borr Drilling
“Our priority remains staying close to them and our employees, providing all the care and support we can.”
Bruno Morand, CEO of Borr Drilling
“It is also critically important to establish a thorough and objective understanding of what occurred and all possible causes of a catastrophic loss of stability are in scope and will be considered.”
Bruno Morand, CEO of Borr Drilling
“The investigation will fully consider all evidence and assess every potential cause before reaching a final determination.”
Borr Drilling Limited Hamilton, Bermuda, November 2, 2026 - Borr Drilling Limited (NYSE and OSE: BORR) ("Borr Drilling" or the "Company") provides an update on the Prospector 5 incident offshore Gabon, first announced by the Company on October 25, 2026.
As part of the ongoing search and rescue operations, the body of a fourth individual has been located. All four located individuals have been recovered and are in the process of being transported to Port Gentil, Gabon. Search efforts continue for the remaining individual who is still unaccounted for.
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