Borr Drilling rig sinks off Gabon coast; search continues for missing crew
3 reports, 1 independent
Updated Thu 00:00
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What happened
The Prospector 5 oil and gas rig, owned and operated by Borr Drilling, sank off the coast of Mayumba, Gabon, on Saturday. The rig was contracted to support drilling operations but had not yet begun work. The Gabonese Navy recovered three bodies, and two people remain missing from the crew.
From insurancejournal.com
Why it matters
The incident represents an operational failure and asset loss for Borr Drilling. The rig was contracted to support drilling operations in Gabon, impacting planned hydrocarbon activities in the region.
From insurancejournal.com
Who's involved
- Borr DrillingOwned and operated the sinking drilling rig
- GabonThe country where the sinking occurred