Borr Drilling's Prospector 5 rig sinks offshore Gabon

• Borr Drilling’s Prospector 5 rig sank offshore Gabon at approximately 20:37 local time on October 24, 2026.
• Preliminary information indicates a punch-through during preload activities caused the rig to lose stability during jacking operations.
• As of October 25, 2026, five of 115 personnel remained unaccounted for; 110 had been safely accounted for.
• Extensive search and rescue operations were ongoing, with the onshore emergency response team activated.
• The rig was contracted to support BW Energy’s offshore Gabon drilling operations ahead of a planned campaign.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Borr Drilling Ltd. published the original content used to generate this news brief via Cision (Ref. ID: 202610250208BITN____UKPR__EN_20261025-BIT-9437-0) on October 25, 2026, and is solely responsible for the information contained therein.