Oct 25 (Reuters) - Borr Drilling said on Sunday its Prospector 5 drilling rig sank during jacking operations off the coast of Gabon as it was preparing for a drilling campaign, with 5of the 115 people on board unaccounted for.
"Preliminary information indicates that the rig experienced a punch through event during preload activities, resulting in loss of stability andthe subsequent sinking of the rig," the offshore drilling contractor said.
The Prospector 5 drilling rig, owned and operated by Borrand, is contracted to support BW Energy's drilling operations offshoreGabon, the company said.
(Reporting by Akanksha Khushi in Bengaluru; Editing by William Mallard)
