Exhibit 99.3
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Borr Drilling
Fleet Status Report - 13 August 2025
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New Contracts / Extensions / Amendments
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Arabia II
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•
Contract: September 2025 to January 2027, Bunduq (United Arab Emirates)
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Skald
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•
Contract (from LOA): October 2025 to April 2026, Medco Energi (Thailand)
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Thor
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•
Contract: October 2025 to June 2026, HLHV JOC (Vietnam)
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Gunnlod
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•
Contract: October 2025 to January 2026, HLHV JOC (Vietnam)
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Ran
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•
Contract extension: October 2025 to January 2026, Eni (Mexico)
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Natt
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Contract (from LOA): November 2026 to September 2027, Undisclosed (West Africa)
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Letters of Award / Letters of Intent / Negotiations
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Odin
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• LOI: September 2025 to November 2025, Undisclosed (Mexico)
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Other Developments
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Gerd
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Concluded operations with Eni in Congo and commenced operations with Lime Petroleum in Benin in early July 2025
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Thor
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• Concluded operations with Vietsovpetro in Vietnam and commenced operations with an undisclosed customer in Vietnam in early August 2025
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Prospector 1
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• Concluded operations with One-Dyas in Netherlands in early August 2025
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Natt
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• Contract previously awarded to the Norve, with an undisclosed customer in West Africa, is assigned to the Natt. Estimated commencement November 2026
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Borr Drilling
Fleet Status Report - 13 August 2025
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Rig Name
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Rig Design
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Rig Water
Depth (ft)
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Year Built
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Customer / Status
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Contract Start
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Contract End
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Location
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Comments
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Contracted Rigs
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Arabia I
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KFELS B Class
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400 ft
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2020
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Petrobras 3
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April - 2025
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April - 2029
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Brazil
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Operating with option to extend
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Arabia II
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KFELS B Class
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400 ft
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2019
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Bunduq
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September - 2025
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January - 2027
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United Arab Emirates
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Committed with option to extend
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Arabia III 1
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KFELS Super A Class
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400 ft
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2013
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Saudi Aramco
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September - 2023
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September - 2028
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Saudi Arabia
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Operating with option to extend
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Galar
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PPL Pacific Class 400
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400 ft
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2017
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PEMEX 2
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April - 2024
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April - 2026
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Mexico
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Operating
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Gerd
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PPL Pacific Class 400
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400 ft
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2018
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Lime Petroleum
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July - 2025
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October - 2025
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Benin
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Operating
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Foxtrot International
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December - 2025
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November - 2026
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Ivory Coast
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Committed with option to extend
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Gersemi
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PPL Pacific Class 400
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400 ft
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2018
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PEMEX 2
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January - 2024
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May - 2026
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Mexico
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Operating
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Grid
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PPL Pacific Class 400
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400 ft
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2018
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PEMEX 2
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January - 2024
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May - 2026
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Mexico
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Operating
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Groa
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PPL Pacific Class 400
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400 ft
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2018
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Qatar Energy
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April - 2022
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April - 2026
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Qatar
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Operating
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Gunnlod
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PPL Pacific Class 400
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400ft
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2018
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ExxonMobil
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November - 2024
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September - 2025
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Malaysia
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Operating
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HLHV JOC
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October - 2025
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January - 2026
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Vietnam
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Committed with option to extend
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Hild
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KFELS Super B Class
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400 ft
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2020
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Fieldwood Energy
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October - 2023
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March - 2026
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Mexico
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Operating with option to extend
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Idun
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KFELS Super B Bigfoot Class
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350 ft
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2013
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PTTEP
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February - 2024
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February - 2026
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Thailand
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Operating
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Mist
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KFELS Super B Bigfoot Class
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350 ft
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2013
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Valeura Energy
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December - 2023
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August - 2026
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Thailand
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Operating with option to extend
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Natt
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PPL Pacific Class 400
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400 ft
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2018
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ENI
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August - 2024
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September - 2025
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Congo
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Operating
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Undisclosed
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November - 2026
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September - 2027
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West Africa
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Committed with option to extend
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Njord
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PPL Pacific Class 400
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400 ft
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2019
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PEMEX 2
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April - 2024
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December - 2025
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Mexico
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Operating
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Norve
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PPL Pacific Class 400
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400 ft
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2011
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Marathon Oil
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April - 2025
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October - 2025
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Equatorial Guinea
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Operating
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Vaalco Energy
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November - 2025
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September - 2026
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Gabon
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Committed with option to extend
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Odin
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KFELS Super B Bigfoot Class
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350 ft
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2013
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Undisclosed
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September - 2025
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November - 2025
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Mexico
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LOI
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Prospector 5 1
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F&G, JU2000E
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400 ft
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2014
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ENI
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April - 2024
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May - 2026
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Congo
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Operating
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Ran 1
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KFELS Super A Class
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400 ft
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2013
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ENI
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May - 2025
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January - 2026
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Mexico
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Operating with option to extend
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Saga
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KFELS Super B Bigfoot Class
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400 ft
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2018
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Brunei Shell Petroleum
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November - 2022
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November - 2026
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Brunei
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Operating with option to extend
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Skald
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KFELS Super B Bigfoot Class
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400 ft
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2018
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PTTEP
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July - 2024
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September - 2025
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Thailand
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Operating
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Medco Energi
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October - 2025
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April - 2026
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Thailand
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Commited with option to extend
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Thor
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KFELS Super B Bigfoot Class
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400 ft
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2019
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Undisclosed
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August - 2025
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September - 2025
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Southeast Asia
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Operating
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HLHV JOC
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October - 2025
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June - 2026
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Vietnam
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Committed with option to extend
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Vali
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KFELS Super B Bigfoot Class
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400 ft
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2024
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Mellitah Oil and Gas
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March - 2025
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July - 2026
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Libya
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Operating with option to extend
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Available Rigs
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Prospector 1 1
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F&G, JU2000E
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400 ft
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2013
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August - 2025
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Netherlands
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Warm Stacked
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Var
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KFELS Super B Bigfoot Class
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400 ft
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2024
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December - 2024
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Singapore
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Warm Stacked
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1 - HD/HE Capability
2 - Rigs provided by Borr Drilling through a bareboat charter arrangement and services provided by our Mexican Joint Venture or by Borr Drilling, with ultimate customer being PEMEX
3 - Rig provided by Borr Drilling through a charter arrangement, with ultimate customer being Petrobras
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Operating / Committed
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Available
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Cold Stacked
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Total Fleet
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24
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22
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2
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0
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Borr Drilling Fleet Status Report - 13 August 2025 Rig Name Location 2025 2026 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Premium Jack-Ups Southeast Asia Thor Southeast Asia/Vietnam Vietsovpetro Undisclosed HLHV
JOC Option Gunnlod Malaysia/Vietnam ExxonMobil HLHV JOC Option Idun Thailand PTTEP Mist Thailand Valeura Energy Option Saga Brunei Brunei Shell Petroleum Skald Thailand PTTEP Medco Energi Option Var Singapore Middle East Arabia II United Arab
Emirates Prep/Mob Bunduq Arabia III 1 Saudi Arabia Saudi Aramco Groa Qatar QatarEnergy Europe and Africa Prospector 1 1 Netherlands Undisclosed ONE-Dyas Natt Congo/West Africa ENI Undisclosed Norve Equatorial Guinea/Gabon BWE Marathon Oil Vaalco
Energy Option Prospector 5 1 Congo ENI Gerd Benin/Ivory Coast ENI Lime Petroleum Foxtrot International Vali Libya Prep/Mob Mellitah Oil and Gas Option Mexico Ran 1 Mexico ENI Option Galar Mexico PEMEX 2 Gersemi Mexico PEMEX 2 Grid Mexico PEMEX 2
Njord Mexico PEMEX 2 Odin Mexico PEMEX 2 Undisclosed Hild Mexico Fieldwood Energy Option South America Arabia I Brazil Prep/Mob Petrobras3 1 - HD/HE Capability 2 - Rigs provided by Borr Drilling through a bareboat charter arrangement and services
provided by our Mexican Joint Venture or by Borr Drilling, with ultimate customer being PEMEX 3 - Rig provided by Borr Drilling through a charter arrangement, with ultimate customer being Petrobras
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Borr Drilling
Fleet Status Report - 13 August 2025
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Additional information regarding this Fleet Status Report
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This summary contains information on letters of intent/award and advanced negotiations. Letters of intent/award or advanced negotiations may not result in an actual drilling contract.
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| Forward Looking Statements: The statements described in this status report that are not historical facts are "Forward Looking Statements". Forward Looking Statements reflect management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. No assurance can be given that the expectations expressed in these Forward-Looking Statements will prove to be correct. Actual results could differ materially from expectations expressed in, or implied by, the Forward-Looking Statements if one or more of the underlying assumptions or expectations proves to be inaccurate or is unrealised. These include, but are not limited to, changes to commencement dates, contract duration, earned day rates, locations and other contractual terms; risks relating to the delivery of drilling rigs under construction; sale and purchase of drilling units; oil and gas prices; and risks associated with international operations generally. No Forward-Looking Statement contained in herein or expressed elsewhere should be relied upon as predicting future events. We undertake no obligation to update or revise any Forward-Looking Statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law. |
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