Exhibit 99.3

Borr Drilling

Fleet Status Report - 16^th February 2022

New Contracts / Extensions / Amendments
	Idun
	• Signed Contract (from LOA): March 2022 to May 2023, Petronas Carigali Sdn Bhd (PCSB), Malaysia
	Groa
	• Signed Contract (from LOA): March 2022 to March 2024, QatarEnergy, Qatar
	Norve
	• Signed Contract: September 2022 to April 2023, BWE, Gabon
	Natt
	• Signed Contract (from LOA): January 2022 to January 2023, ENI Congo
	Prospector 5
	• Signed Contract: April 2022 to May 2022, Dana Petroleum, Netherlands
	Ran
	• Signed Contract: August 2022 to January 2023, Wintershall, Mexico
Letters of Award / Letters of Intent / Negotiations
	Thor
	• LOA: June 2022 to May 2023, Undisclosed, Southeast Asia
Other Developments
	Gunnlod
	• Concluded operations with PTTEP Malaysia in November 2021 and commenced its subsequent contract with IPC, Malaysia in December 2021
	Idun
	• Well based contract with Petronas Malaysia ended in December 2021 and is currently under preparation for its subsequent contract
	Mist
	• Commenced operations with PTTEP, Thailand in November 2021
	Norve
	• Commenced operations with Vaalco Energy, Gabon in December 2021
	Natt
	• Commenced operations with ENI, Congo in January 2022
	Gerd
	•  Commenced operations with Addax, Cameroon in February 2022
	Prospector 5
	• Well based contract with CNOOC, UK concluded in December 2021
	Rigs Under Construction
	• Delivery dates postponed to 2025 (subject to completion of yard and refinancing agreements)
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 - 16^th February 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	IPC	December - 2021	March - 2022	Malaysia	Operating
Idun	KFELS Super B Bigfoot Class	350 ft	2013	Available	January - 2022	February - 2022	Malaysia	Contract Preparations
				Petronas Carigali	March - 2022	May - 2023	Malaysia	Committed with option to extend
Mist	KFELS Super B Bigfoot Class	350 ft	2013	PTTEP	November - 2021	June - 2022	Thailand	Operating with option to extend
Saga	KFELS Super B Bigfoot Class	400 ft	2018	Hess	September - 2021	August - 2022	Malaysia	Operating
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		December - 2021	May - 2022	Singapore	Contract Preparations
				Undisclosed	June - 2022	May - 2023	Southeast Asia	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	April - 2022	Gabon	Operating with option to extend
				BW Energy	September - 2022	April - 2023	Gabon	Committed with option to extend
Groa	PPL Pacific Class 400	400 ft	2018		Q4 - 2021	Q1 - 2022	Cameroon	Contract Preparations
				Qatar Energy	March - 2022	March - 2024	Qatar	Committed with option to extend
Prospector 1 1	F&G, JU2000E	400 ft	2013	Kistos	July - 2021	February - 2022	Netherlands	Operating
				Neptune	March - 2022	August - 2022	Netherlands	Committed with option to extend
Prospector 5 1	F&G, JU2000E	400 ft	2014	Available	January - 2022	March - 2022	United Kingdom	Contract Preparations
				Dana Petroleum	April - 2022	May - 2022	Netherlands	Committed
Ran 1	KFELS Super A	400 ft	2013	Petrofac	February - 2022	June - 2022	United Kingdom	Committed 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	400 ft	2013	Available			Cameroon	Warm Stacked
Gyme	PPL Pacific Class 400	400 ft	2018	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
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	400 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	18	5	0	5

Borr Drilling   Fleet Status Report - 16^th February 2022

 

Rig Name

Location

2021

2022

2023

2024

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Premium Jack-Ups

Thor

Southeast Asia

Warm Stacked

LOA

Option

Gunnlod

Malaysia

PTTEP

IPC

Idun

Malaysia

Vestigo

Petronas Carigali

Petronas Carigali

Option

Mist

Thailand

ROC Oil

Warm Stacked

PTTEP

Option

Saga

Malaysia

JX Nippon

PTTEP

Hess

Skald

Thailand

PTTEP

Option

Gerd

Cameroon

Warm Stacked

ADDAX

Option

Natt

Congo

First E&P

Oriental

ENI

Option

Norve

Gabon

BWE

Vaalco

Option

BWE

Option

Groa

Qatar

Warm Stacked

QatarEnergy

Option

Prospector 1 1

Netherlands

One-Dyas

Neptune

Kistos

Neptune

Option

Prospector 5 1

United Kingdom / Netherlands

CNOOC

Dana

Ran 1

United Kingdom / Mexico

Warm Stacked

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

Heimdal

Singapore

Warm Stacked

Hermod

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 - 16^th February 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.