Borr Drilling Q2: Safety Milestones on Two Rigs

Borr Drilling held its second-quarter 2026 earnings call on August 12, with CEO Bruno Morand and CFO Magnus Vaaler on the line. Morand opened the session by recognizing safety achievements across the fleet. The Groa and Gersemi each reached seven years without a lost-time injury, he said. Ran achieved six years, and Skald five. Hild, Galar, Natt, Arabia III and Grid also reached multiyear LTI-free and recordable-free milestones, Morand said.

Morand cautioned that certain statements on the call were forward-looking and involved risks that could cause actual results to differ materially. He directed participants to the company's latest public filings for details.

The call drew analysts from six firms: Scott Gruber of Citigroup, Doug Becker of Capital One, Fredrik Stene of Clarksons, Benjamin Sommers of BTIG, Daniel Kutz of Morgan Stanley, and Gregg Brody of BofA Securities. No financial results or guidance were released during the opening remarks.