Built to make a difference
Our modern fleet of rigs and capable organisation will deliver safe and high quality drilling operations to our customers.
Borr Drilling´s ambition is to acquire and operate modern offshore drilling assets.
Borr Drilling’s strategy is to build a substantial fleet of jack-up rigs and establish itself as the preferred provider of drilling services in hydrocarbon basins around the world.
The Company currently operates a fleet of modern jack-up drilling rigs from yards such from Keppel FELS and PPL Shipyard Pte Ltd. and is one of the largest premium jack-up companies globally – with the youngest fleet.
It is Borr Drilling’s ambition to be a sustainability leader in the offshore drilling community. One of the first steps on this journey has been to create our Sustainability Strategy and Program.
Our Sustainability Strategy focuses on three areas:
- Invest to reduce our environmental impact and to increase our positive effect on society
- Establish and integrate sustainability into our way of doing business
- Identify opportunities for adaption to the energy transition
The Borr Drilling Sustainability Report 2020 presents our sustainability activity in 2020 and our plans for the coming years.
Borr Drilling is committed to protecting the health and safety of all our people and our contractors in all work activities.
- Continuously pursue the goal of zero harm to people, assets and the environment
- Promote active risk management to mitigate foreseeable hazards
- Ensure QHSE is integral in everything we do
- Provide information, instruction and training that is relevant to employees’ duties and responsibilities
- Strive for continuous improvement by setting clear objectives, performance monitoring and the encouragement of constructive feedback
Code of Conduct
Borr Drilling shall conduct its business with integrity, respecting the laws, cultures, and rights of individuals in all the countries in which we operate.
Business ethics are more than avoiding contravening laws. The Code of Conduct constitutes the basis upon which all our policies and procedures are built. The objective of the Code of Conduct is to describe Borr Drilling´s commitment and requirements regarding business practice and personal conduct. It defines the behaviour Borr Drilling expects of our employees and what they can expect of Borr Drilling. Everybody associated with Borr Drilling is responsible for following our Code of Conduct.
Patrick Schorn became CEO of Borr Drilling in September 2020, after serving as a director since January 2018. Mr. Schorn was previously the Executive Vice President of Wells for Schlumberger Limited. Prior to this role, he held various global management positions including President of Operations for Schlumberger Limited; President Production Group; President of Well Services; President of Completions; and GeoMarket Manager Russia. He began his career with Schlumberger in 1991 as a Stimulation Engineer in Europe and held various management and engineering positions in France, United States, Russia, US Gulf of Mexico and Latin America. Mr. Schorn holds a Bachelor of Science degree in Oil and Gas Technology from the University “Noorder Haaks” in Den Helder, the Netherlands.
Magnus Vaaler became CFO of Borr Drilling in December 2020 from the position as VP Investor Relations and Treasury. Mr Vaaler has been working in the Company’s Finance department since January 2018 with Treasury, Finance and Investor relations. Mr. Vaaler brings many years of finance, oil and offshore industry experience from three years as VP Finance in “Offshore Merchant Partners”, a portfolio company of Hitecvision, and seven years as Treasurer and VP Finance in Frontline Ltd., listed on NYSE and OSE. Mr. Vaaler holds a Bachelor of Commerce degree from University College
Chairman of the Board
Pål Kibsgaard has served as a Director and Chairman on our Board since October 2019. Mr. Kibsgaard is also a member of the Compensation Committee and a member of the Nominating and Governance Committee. Mr. Kibsgaard has held a variety of global senior management positions at Schlumberger Limited, including Chairman and CEO, COO, President of the Reservoir Characterization Group, Vice-President of Engineering, Manufacturing, and Sustaining and Vice-President of Human Resources. Earlier in his Schlumberger career, Mr. Kibsgaard was a geomarket manager for the Caspian region after holding various field positions in sales, marketing, and customer support. Mr. Kibsgaard is currently the Chief Executive Officer of Katerra, a construction technology company located in California and has served as a director of Katerra for the past three years. Mr. Kibsgaard holds a Masters degree from the Norwegian Institute of Technology and is a petroleum engineer. Mr. Kibsgaard is a Norwegian citizen and a resident of the United States of America.
Previous directorships and management positions includes Schlumberger Limited (Chairman, CEO, COO), Reservoir Characterization Group (President).
Alexandra Kate Blankenship
Tor Olav Trøim
Georgina Sousa has served as a Director on our Board and our Company Secretary since February 2019. Ms. Sousa was employed by Frontline Ltd. as Head of Corporate Administration from February 2007 until December 2018. She previously served as a director of Frontline from April 2013 until December 2018, Ship Finance International Limited from May 2015 until September 2016, North Atlantic Drilling Ltd. from September 2013 until June 2018, Sevan Drilling Limited from August 2016 until June 2018, Northern Drilling Ltd. from March 2017 until December 2018 and FLEX LNG LTD. from June 2017 until December 2018. Ms. Sousa also served as a Director of Seadrill Limited from November 2015 until July 2018, Knightsbridge Shipping Limited (the predecessor of Golden Ocean Group Limited) from 2005 until 2015 and Golar LNG Limited from 2013 until 2015. Ms. Sousa served as Secretary for all of the abovementioned companies at various times during the period between 2005 and 2018. She served as secretary of Archer Limited from 2011 until December 2018 and Seadrill Partners LLC from 2012 until 2017. Ms. Sousa is a U.K. citizen and a resident of Bermuda.
Current directorships and management positions includes Borr Drilling Limited (Director and Secretary), Golar LNG Limited (Director & Secretary), Golar LNG Partners LP (Director & Secretary) 2020 Bulkers Ltd. (Director & Secretary), Hygo Energy Transition Ltd. (Secretary & Director.