Borr Drilling Limited (BORR) 6-K Highlights First Quarter of 2022

Exhibit 99.3

Borr Drilling   Fleet Status Report - 31^st May 2022

New Contracts / Extensions / Amendments
	Gunnlod
	• Contract: April 2022 to October 2022, Undisclosed, Southeast Asia
	Saga
	• Contract: September 2022 to October 2022, Hess, Malaysia
	Saga
	• Contract: Nov 2022 to October 2026, Brunei Shell Petroleum, Brunei
	Arabia I
	• Contract: October 2022 to October 2025, Saudi Aramco, Saudi Arabia
	Arabia II
	• Contract: October 2022 to October 2025, Saudi Aramco, Saudi Arabia
	Mist
	• Option exercised by PTTEP, Thailand
	Norve
	• 2 x wells option exercised by Vaalco, Gabon
	Prospector 1
	• Option exercised by Neptune, UK
Letters of Award / Letters of Intent / Negotiations
	None to report
Other Developments
	Gunnlod
	• Concluded operations with IPC , Malaysia and commenced follow on contract in April 2022 (Southeast Asia).
	Idun
	• Commenced operations with Petronas Carigali Sdn Bhd (PCSB), Malaysia in March 2022
	Groa
	• Commenced operations with QatarEnergy, Qatar in April 2022
	Prospector 5
	• Commenced operations with Dana Petroleum, Netherlands in May 2022
	Prospector 1
	• Concluded operations with Kistos, Netherlands in February 2022 and commenced operations with Neptune, Netherlands in March 2022
	Ran
	• Commenced operations with Petrofac, United Kingdom in March 2022
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.

Borr Drilling

Fleet Status Report - 31st May 2022

Rig Name	Rig Design	Rig Water Depth (ft)	Year Built	Customer  / Status	Contract Start	Contract End	Location	Comments
Contracted Rigs
Gunnlod	PPL Pacific Class 400	400 ft	2018	Undisclosed	April - 2022	October - 2022	Southeast Asia	Operating with option to extend
Idun	KFELS Super B Bigfoot Class	350 ft	2013	Petronas Carigali	March - 2022	May - 2023	Malaysia	Operating with option to extend
Mist	KFELS Super B Bigfoot Class	350 ft	2013	PTTEP	November - 2021	October - 2022	Thailand	Operating
Saga	KFELS Super B Bigfoot Class	400 ft	2018	Hess	September - 2021	September - 2022	Malaysia	Operating
				Hess	September - 2022	October - 2022	Malaysia	Committed
				Brunei Shell Petroleum	November - 2022	October - 2026	Brunei	Committed with option to extend
Skald	KFELS Super B Bigfoot Class	400 ft	2018	PTTEP	June - 2021	June - 2024	Thailand	Operating with option to extend
Thor	KFELS Super B Bigfoot Class	400 ft	2019		January - 2022	June - 2022	Singapore	Contract Preparations
				CPOC	July - 2022	June - 2023	Malaysia-Thailand Joint Development Area	LOA
Gerd	PPL Pacific Class 400	400 ft	2018	Addax	February - 2022	March - 2023	Cameroon	Operating with option to extend
Natt	PPL Pacific Class 400	400 ft	2018	ENI	January - 2022	January - 2023	Congo	Operating with option to extend
Norve	PPL Pacific Class 400	400 ft	2011	Vaalco	December - 2021	August - 2022	Gabon	Operating with option to extend
				BW Energy	October - 2022	May - 2023	Gabon	Committed with option to extend
Groa	PPL Pacific Class 400	400 ft	2018	Qatar Energy	April - 2022	April - 2024	Qatar	Operating with option to extend
Arabia I	KFELS B Class	400 ft	2020		April - 2022	October - 2022	Singapore	Contract Preparations
				Saudi Aramco	October - 2022	October - 2025	Saudi Arabia	Committed with option to extend
Arabia II	KFELS B Class	400 ft	2019		April - 2022	October - 2022	Singapore	Contract Preparations
				Saudi Aramco	October - 2022	October - 2025	Saudi Arabia	Committed with option to extend
Prospector 1 1	F&G, JU2000E	400 ft	2013	Neptune	March - 2022	January - 2023	Netherlands / United Kingdom	Operating with option to extend
Prospector 5 1	F&G, JU2000E	400 ft	2014	Dana Petroleum	May - 2022	June - 2022	Netherlands	Operating
Ran 1	KFELS Super A Class	400 ft	2013	Petrofac	March - 2022	July - 2022	United Kingdom	Operating with option to extend
				Wintershall	August - 2022	January - 2023	Mexico	Committed
Galar	PPL Pacific Class 400	400 ft	2017	PEMEX	April - 2020	December - 2022	Mexico	Operating
Gersemi	PPL Pacific Class 400	400 ft	2018	PEMEX	August - 2019	December - 2022	Mexico	Operating
Grid	PPL Pacific Class 400	400 ft	2018	PEMEX	August - 2019	December - 2022	Mexico	Operating
Njord	PPL Pacific Class 400	400 ft	2019	PEMEX	June - 2020	December - 2022	Mexico	Operating
Odin	KFELS Super B Bigfoot Class	350 ft	2013	PEMEX	March - 2020	December - 2022	Mexico	Operating
Available Rigs
Frigg 1	KFELS Super A Class	400 ft	2013	Available			Cameroon	Warm Stacked
Gyme	PPL Pacific Class 400	400 ft	2018	Available			Singapore	Warm Stacked
Hild	KFELS Super B Class	400 ft	2020	Available			Singapore	Warm Stacked
Under Construction Rigs
Tivar	KFELS Super B Bigfoot Class	400 ft		Under Construction			KFELS shipyard, Singapore	Rig Delivery in May - 2025
Vale	KFELS Super B Bigfoot Class	400 ft		Under Construction			KFELS shipyard, Singapore	Rig Delivery in July - 2025
Var	KFELS Super B Bigfoot Class	400 ft		Under Construction			KFELS shipyard, Singapore	Rig Delivery in September - 2025
Huldra	KFELS Bigfoot B Class	400 ft		Under Construction			KFELS shipyard, Singapore	Rig Delivery in October - 2025
Heidrun	KFELS Bigfoot B Class	350 ft		Under Construction			KFELS shipyard, Singapore	Rig Delivery in December - 2025
1 - HD/HE Capability.
				Operating / Committed	Available	Cold Stacked	Under Construction
Total Fleet			28	20	3	0	5

Borr Drilling

Fleet Status Report - 31st May 2022

Rig Name

Location

2022

2023

2024

2025

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Premium Jack-Ups

Thor

Singapore/Malaysia-Thailand JDA

Contract Prep

CPOC

Option

Gunnlod

Southeast Asia

IPC

Undisclosed

Option

Idun

Malaysia

Petronas Carigali

Option

Mist

Thailand

PTTEP

Saga

Malaysia/Brunei

Hess

Hess

Brunei Shell Petroleum

Skald

Thailand

PTTEP

Option

Gerd

Cameroon

ADDAX

Option

Natt

Congo

ENI

Option

Norve

Gabon

Vaalco

BWE

Option

Groa

Qatar

Warm Stacked

QatarEnergy

Option

Arabia I

Singapore / Saudi Arabia

Contract Prep

Saudi Aramco

Option

Arabia II

Singapore / Saudi Arabia

Contract Prep

Saudi Aramco

Option

Prospector 1 1

Netherlands / United Kingdom

Kistos

Neptune

Option

Prospector 5 1

Netherlands

Dana

Ran 1

United Kingdom / Mexico

Petrofac

Mob

Wintershall

Galar

Mexico

PEMEX

Gersemi

Mexico

PEMEX

Grid

Mexico

PEMEX

Njord

Mexico

PEMEX

Odin

Mexico

PEMEX

Frigg 1

Cameroon

Warm Stacked

Gyme

Singapore

Warm Stacked

Hild

Singapore

Warm Stacked

Jack-Ups Under Construction

Tivar

KFELS shipyard, Singapore

Rig Delivery in May 2025

Vale

KFELS shipyard, Singapore

Rig Delivery in July 2025

Var

KFELS shipyard, Singapore

Rig Delivery in September 2025

Huldra

KFELS shipyard, Singapore

Rig Delivery in October  2025

Heidrun

KFELS shipyard, Singapore

Rig Delivery in December 2025

Firm

Option

Available

Under Construction

1 - HD/HE Capability

Borr Drilling

Fleet Status Report - 31st May 2022

Additional information regarding this 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.