CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for Borr Drilling Ltd is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

Borr Drilling Ltd
S.E. Pearman Building
2Nd Floor 9 Par-La-Ville Road
HAMILTON, HM 11  Bermuda Ticker: BORRBORR
Business Summary
Borr Drilling Limited is an offshore shallow-water drilling contractor providing offshore drilling services to the oil and gas industry. The Company’s primary business is the ownership, contracting and operation of jack-up rigs for operations in shallow-water areas (in water depths up to approximately 400 feet), including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production customers. It owns approximately 22 rigs with an additional two jack-up rigs. Its rigs include Skald, Groa, Idun, Thor, Norve, Gerd, Natt, Ran, Odin, Gersemi, Grid, Galar, Njord, Prospector 1, Saga, Prospector 5, Mist, Gunnlod, Frigg, Gyme, Hermod, Heimdal and Hild. It operates in significant oil-producing geographies throughout the world, including the North Sea, Mexico, West Africa, Southeast Asia, and the Middle East. The Company contracts its jack-up rigs primarily on a daily rate basis to drill wells for its customers.
(Source: 20-F)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-YesYesYes-

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023YesYes---

Industries
SIC Code Description
1381 Drilling oil and gas wells

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Tor O.Troim 60 2/8/2022 12/12/2016
Chief Financial Officer MagnusVaaler 38 12/28/2020 12/28/2020
Chief Executive Officer of Borr Drilling, Director PatrickSchorn 54 10/16/2023 1/10/2018
5 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Borr IHC Limited Bermuda
BORR DRILLING MANAGEMENT (UK) LIMITED 20 NORTH AUDLEY STREET LONDON UK
PARAGON OFFSHORE (LAND SUPPORT) LIMITED PAVILION 4, WESTPOINT BUSINESS P PROSPECT ROAD, UK
5 additional Subsidiary records available in full report.

Business Names
Business Name
0AC8
B2WN
BDRILL
105 additional Business Names available in full report.

General Information
Number of Employees: 1,884 (As of 12/31/2023)
Outstanding Shares: 252,582,036 (As of 12/31/2023)
Stock Exchange: OSL


Copyright © 2024 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Friday, April 19, 2024