Borr Drilling Limited filed an 8-K press release on November 2, 2026, providing an update on the Prospector 5 rig incident offshore Gabon, disclosing that a fourth body has been located and recovered, with one individual still unaccounted for.

Key Highlights

  • Fourth body located: The body of a fourth individual has been located during ongoing search and rescue operations offshore Gabon, according to the filing.
  • Transport underway: All four located individuals have been recovered and are in the process of being transported to Port Gentil, Gabon.
  • One individual still missing: Search efforts continue for one remaining individual who is still unaccounted for, the company disclosed.
  • Independent investigation launched: The company has engaged "a globally recognized classification society with extensive experience in offshore and maritime incident investigations" to conduct an independent investigation.
  • CEO statement: CEO Bruno Morand stated that "all possible causes of a catastrophic loss of stability are in scope and will be considered."
  • Cooperation confirmed: The company disclosed it "will continue to cooperate fully and transparently with the relevant authorities and other parties involved."

Borr Drilling Discloses Recovery of Fourth Individual in Prospector 5 Incident

Borr Drilling Limited (NYSE:BORR) (OSE: BORR), headquartered in Hamilton, Bermuda, issued a press release on November 2, 2026, as an update to an incident involving its Prospector 5 rig offshore Gabon that was first announced by the company on October 25, 2026. The filing reported that search and rescue operations resulted in the location and recovery of a fourth individual, bringing the total number of recovered individuals to four.

According to the filing, the four recovered individuals are in the process of being transported to Port Gentil, Gabon. Search efforts remain active for one individual who is still unaccounted for. The company disclosed that it has retained a classification society with offshore and maritime incident investigation experience to lead an independent inquiry into the incident. The company stated its commitment to "an independent and objective process to determine the root cause."

CEO Bruno Morand, quoted in the filing, described the situation as "an incredibly difficult time for everyone involved" and said the company's priority is "staying close to" the families of those affected and its employees, "providing all the care and support we can." Morand further stated that the investigation "will fully consider all evidence and assess every potential cause before reaching a final determination," with "all possible causes of a catastrophic loss of stability" in scope.

What Was Disclosed

Borr Drilling disclosed an update on the Prospector 5 rig incident offshore Gabon, reporting the recovery of a fourth individual, ongoing search for one missing person, and the engagement of an independent investigator to determine the root cause of the incident.