Borr Prospector 5 Jack-Up Rig Collapses and Sinks Offshore Gabon Following Catastrophic Seabed Failure

Borr Drilling rig sinks off Gabon

On October 24, 2026, the offshore jackup drilling rig Borr Prospector 5 collapsed and sank off the coast of Gabon after suffering a catastrophic “punch-through” seabed failure during jacking operations. Out of the 115 workers on board, 110 were successfully evacuated, while one fatality has been confirmed and four individuals remain missing. While oil production at the nearby MaBoMo platform has been shut down as a precaution,