SEC filings · customer concentration · BORR

Borr Drilling's major customers

Eni accounted for 18% of Borr Drilling's revenue in FY 2025, about the same as 13% a year earlier.

4major customers now
45%of revenue from them
0listed suppliers depending on it
2019–2026years covered
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Major customers of Borr Drilling

Customers that Borr Drilling named in its annual report as 10% or more of revenue. A missing year means the customer was below that line or not named.

CustomerShare of revenueChange vs prior yearHistoryLatest filing
EniE18%from 13%FY 2022: 10%FY 2023: 14%FY 2024: 13%FY 2025: 18%4 yearsFY 2025 · filed 26 Mar 2026
PTT Exploration And Production Public11%from 12%FY 2020: 3%FY 2021: 24%FY 2022: 11%FY 2023: 5%FY 2024: 12%FY 2025: 11%6 yearsFY 2025 · filed 26 Mar 2026
Irish Energy Drilling Asset DAC10%from 13%FY 2024: 13%FY 2025: 10%2 yearsFY 2025 · filed 26 Mar 2026
Saudi Arabian Oil6%▼ from 14%FY 2022: 4%FY 2023: 14%FY 2024: 14%FY 2025: 6%4 yearsFY 2025 · filed 26 Mar 2026

Formerly disclosed

CustomerShare of revenueChange vs prior yearHistoryLatest filing
Performex17%last FY 2023FY 2020: 9%FY 2021: 11%FY 2022: 14%FY 2023: 17%4 yearsFY 2023 · filed 27 Mar 2024
CNOOC Petroleum Europe16%last FY 2021FY 2020: 1%FY 2021: 16%2 yearsFY 2021 · filed 27 Mar 2024
Eni Congo14%last FY 2023FY 2022: 10%FY 2023: 14%2 yearsFY 2023 · filed 27 Mar 2024
Pan American Energy13%last FY 2019FY 2019: 13%1 yearFY 2019 · filed 11 Apr 2022
National Drilling Company ADOC11%last FY 2020FY 2019: 13%FY 2020: 11%2 yearsFY 2020 · filed 30 Mar 2023
PEMEX11%last FY 2021FY 2019: 1%FY 2020: 9%FY 2021: 11%3 yearsFY 2021 · filed 11 Apr 2022
Centrica North Sea Limited Spirit Energy10%last FY 2020FY 2019: 10%FY 2020: 10%2 yearsFY 2020 · filed 30 Mar 2023
Perfomex3%last FY 2024FY 2022: 14%FY 2023: 17%FY 2024: 3%3 yearsFY 2024 · filed 26 Mar 2026
TAQA Bratani1%last FY 2020FY 2019: 11%FY 2020: 1%2 yearsFY 2020 · filed 11 Apr 2022
Exxon MobilXOM1%last FY 2021FY 2019: 15%FY 2020: 18%FY 2021: 1%3 yearsFY 2021 · filed 30 Mar 2023

About this data

US-listed companies must disclose revenue from any single customer that reaches 10% of their total (ASC 280). ShadowGraph reads these disclosures from the XBRL data of every 10-K and 20-F we scan, keeps one value per fiscal year (restatements replace earlier values) and links each number to its filing. Companies that describe a customer only as "Customer A" are not listed by name. Figures are as reported; nothing here is investment advice.

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