Borr Drilling recovers fourth victim in Gabon incident
Key points
- Borr Drilling confirmed the recovery of a fourth deceased individual following the Prospector 5 incident offshore Gabon.
- Four individuals have been recovered, while one person remains unaccounted for and search operations continue.
- The company has engaged an independent classification society to investigate the incident and determine the potential causes of the rig's loss of stability.
Borr Drilling (NYSE:BORR) recovered a fourth deceased individual following the Prospector 5 incident offshore Gabon, while one person remains unaccounted for as search operations continue.
The four recovered individuals are being transported to Port Gentil, bringing the number of people located in the incident to four, although recovery efforts remain ongoing for the missing individual.
The company said an independent investigation will examine all available evidence and potential causes of the incident before reaching a final determination.
Borr Drilling has engaged a classification society to conduct the investigation, which will assess the circumstances surrounding the rig's loss of stability and examine the evidence relating to the incident.
Search operations continue for the remaining individual, while the investigation is expected to establish the circumstances that led to the incident.
The Prospector 5 is part of Borr Drilling's offshore jack-up drilling fleet, which provides drilling services to oil and gas operators in offshore markets.
Borr Drilling operates internationally in the offshore drilling sector, with its business focused on jack-up rigs designed for shallow-water oil and gas exploration and production activities.
