Exhibit 99.2
"Borr Drilling Fleet Status Report - 11thJanuary 2021" New Contracts / Extensions / Amendments Norve • Signed Contract (from LOI): April 2021 to July 2021, BWE, Gabon Prospector 1 • One Optional Well: Jan 2021 to March 2021, ONE-Dyas, Netherlands. Letters of Intent / Negotiations Idun • LOA: Mar 2021 to Jan 2022, Asia Pacific Prospector 1 • LOI: Q2 2021, Undisclosed, North Sea This summary is provided as a courtesy and is not intended to replace a detailed review of the Fleet Status Report. This summary contains information on letters of intent/award and advanced negotiations. Letters of intent/award or advanced negotiations may not result in an actual drilling contract. "Forward Looking Statements: The statements described in this status report that are not historical facts are ""Forward Looking Statements"". Forward Looking Statements reflect management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. No assurance can be given that the expectations expressed in these Forward-Looking Statements will prove to be correct. Actual results could differ materially from expectations expressed in, or implied by, the Forward-Looking Statements if one or more of the underlying assumptions or expectations proves to be inaccurate or is unrealised. These include, but are not limited to, changes to commencement dates, contract duration, earned day rates, locations and other contractual terms; risks relating to the delivery of drilling rigs under construction; sale and purchase of drilling units; oil and gas prices; and risks associated with international operations generally. No Forward-Looking Statement contained in herein or expressed elsewhere should be relied upon as predicting future events. We undertake no obligation to update or revise any Forward-Looking Statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law."
Borr Drilling 11th January 2021 Rig Name Rig Design Rig Water Depth (ft) Year Built Customer / Status Contract Start Contract End Location Comments Premium Jack-Ups Mist KFELS Super B Bigfoot Class 350 ft 2013 Available May - 2020 September - 2020 Malaysia Warm Stacked ROC Oil October - 2020 May - 2021 Malaysia Operating with option to extend Prospector 1 1 F&G, JU2000E 400 ft 2013 Available April - 2020 September - 2020 United Kingdom Warm Stacked One-Dyas October - 2020 March - 2021 Netherlands Operating with option to extend Undisclosed April - 2021 October - 2021 North Sea LOI Norve PPL Pacific Class 400 400 ft 2011 Available March - 2020 March - 2021 Gabon Warm Stacked BWE April - 2021 July - 2021 Gabon Operating with option to extend Idun KFELS Super B Bigfoot Class 350ft 2013 Available August - 2020 February - 2021 Malaysia Warm Stacked Undisclosed March - 2021 January - 2022 Asia Pacific LOA Gunnlod PPL Pacific Class 400 400 ft 2018 Mobilization March - 2020 August - 2020 Singapore Contract Preparations and Mobilization PTTEP September - 2020 March - 2021 Malaysia Operating with option to extend Saga KFELS Super B Bigfoot Class 400 ft 2018 Eni February - 2020 July - 2020 Vietnam Operating PTTEP September- 2020 October - 2021 Malaysia Operating with option to extend Galar PPL Pacific Class 401 400 ft 2017 PEMEX April - 2020 October - 2021 Mexico Operating Njord PPL Pacific Class 401 400 ft 2019 PEMEX June - 2020 December - 2021 Mexico Operating Gersemi PPL Pacific Class 400 400 ft 2018 PEMEX August - 2019 February - 2021 Mexico Operating Grid PPL Pacific Class 400 400 ft 2018 PEMEX August - 2019 February - 2021 Mexico Operating Odin KFELS Super B Bigfoot Class 350 ft 2013 PEMEX March - 2020 August - 2021 Mexico Operating Prospector 5 1 F&G, JU2000E 400 ft 2014 Available April - 2020 October - 2020 United Kingdom Warm Stacked CNOOC November - 2020 May - 2022 United Kingdom Operating with option to extend Natt PPL Pacific Class 400 400 ft 2018 First E&P April - 2019 April - 2021 Nigeria Operating with option to extend Gyme PPL Pacific Class 400 400 ft 2018 Available Singapore Warm Stacked Skald KFELS Super B Bigfoot Class 400 ft 2018 Available Singapore Warm Stacked Thor KFELS Super B Bigfoot Class 400 ft 2019 Available Singapore Warm Stacked Hermod KFELS B Class 400 ft 2019 Available Singapore Warm Stacked Heimdal KFELS B Class 400 ft 2020 Available Singapore Warm Stacked Hild KFELS Super B Class 400 ft 2020 Available Singapore Warm Stacked Gerd PPL Pacific Class 400 400 ft 2018 Available Cameroon Warm Stacked Groa PPL Pacific Class 400 400 ft 2018 Available Cameroon Warm Stacked Frigg 1 KFELS Super A 400 ft 2013 Available Cameroon Warm Stacked Ran 1 KFELS Super A 400 ft 2013 Available United Kingdom Warm Stacked
" Borr Drilling 11th January 2021 " Rig Name Rig Design Rig Water Depth (ft) Year Built Customer / Status Contract Start Contract End Location Comments Jack-Ups Under Construction Tivar KFELS Super B Bigfoot Class 400 ft Under Construction KFELS shipyard, Singapore Rig Delivery in June - 2022 Vale KFELS Super B Bigfoot Class 400 ftUnder ConstructionKFELS shipyard, SingaporeRig Delivery in July - 2022 HuldraKFELS Bigfoot B Class400 ftUnder ConstructionKFELS shipyard, SingaporeRig Delivery in August - 2022 HeidrunKFELS Bigfoot B Class400 ftUnder ConstructionKFELS shipyard, SingaporeRig Delivery in September - 2022 VarKFELS Super B Bigfoot Class400 ftUnder ConstructionKFELS shipyard, SingaporeRig Delivery in September - 2022 1 - HD/HE Capability. 2 - Asset under sales agreement subject to conditions "Forward Looking Statements: The statements described in this status report that are not historical facts are ""Forward Looking Statements"". Forward Looking Statements reflect management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. No assurance can be given that the expectations expressed in these Forward-Looking Statements will prove to be correct. Actual results could differ materially from expectations expressed in, or implied by, the Forward-Looking Statements if one or more of the underlying assumptions or expectations proves to be inaccurate or is unrealised. These include, but are not limited to, changes to commencement dates, contract duration, earned day rates, locations and other contractual terms; risks relating to the delivery of drilling rigs under construction; sale and purchase of drilling units; oil and gas prices; and risks associated with international operations generally. No Forward-Looking Statement contained in herein or expressed elsewhere should be relied upon as predicting future events. We undertake no obligation to update or revise any Forward-Looking Statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law. " Operating / CommittedAvailableCold StackUnder Construction Premium Jack-Ups28131005 Total Fleet28131005
" Borr Drilling Fleet Status Report - 11th January 2021 " Rig Name Location 2020 20212022 2023 Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4 Premium Jack-Ups MistMalaysiaVestigoWarm StackedROC OilOption Prospector 1 1United Kingdom / NetherlandsTotalWarm StackedOne-DyasLOIOption NorveGabon BW EnergyWarm StackedBWEOption IdunMalaysia / Asia PacificHoang LongJVPCWarm StackedLOA GunnlodSingapore / MalaysiaContract Prep & MobPTTEPOption SagaVietnam / MalaysiaMobEniMobPTTEPJX NipponPTTEPOption GersemiMexicoPEMEX GridMexicoPEMEX NattNigeriaFirst E&POption GalarMexicoMobPEMEX NjordMexicoMobPEMEX OdinMexicoMobPEMEX Prospector 5 1Netherlands / United KingdomNeptuneWarm StackedCNOOCOption GerdCameroonExxonWarm Stacked GroaCameroonExxonWarm Stacked Ran 1United KingdomSpirit EnergyWarm Stacked Frigg 1CameroonShellWarm Stacked GymeSingaporeWarm Stacked SkaldSingaporeWarm Stacked ThorSingaporeWarm Stacked HermodSingaporeWarm Stacked HeimdalSingaporeWarm Stacked HildSingaporeWarm Stacked Jack-Ups Under Construction TivarKFELS shipyard, SingaporeRig Delivery in June - 2022` ValeKFELS shipyard, SingaporeRig Delivery in July - 2022 HuldraKFELS shipyard, SingaporeRig Delivery in August - 2022 HeidrunKFELS shipyard, SingaporeRig Delivery in September - 2022 VarKFELS shipyard, SingaporeRig Delivery in September - 2022 "1 - HD/HE Capability. 2 - Asset under sales agreement subject to conditions." " Forward Looking Statements: The statements described in this status report that are not historical facts are ""Forward Looking Statements"". Forward Looking Statements reflect management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. No assurance can be given that the expectations expressed in these Forward Looking Statements will prove to be correct. Actual results could differ materially from expectations expressed in, or implied by, the Forward Looking Statements if one or more of the underlying assumptions or expectations proves to be inaccurate or is unrealised. These include, but are not limited to, changes to commencement dates, contract duration, earned day rates, locations and other contractual terms; risks relating to the delivery of drilling rigs under construction; sale and purchase of drilling units; oil and gas prices; and risks associated with international operations generally. No Forward Looking Statement contained in herein or expressed elsewhere should be relied upon as predicting future events. We undertake no obligation to update or revise any Forward Looking Statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law. "