<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001711252</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>BORR DRILLING</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>11/14/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001715497</issuerCik>
        <issuerName>Borr Drilling Ltd</issuerName>
        <issuerCusip>G1466R173</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>S.E. PEARMAN BUILDING</com:street1>
          <com:street2>2ND FLOOR 9 PAR-LA-VILLE ROAD</com:street2>
          <com:city>HAMILTON</com:city>
          <com:stateOrCountry>D0</com:stateOrCountry>
          <com:zipCode>HM11</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>AZVALOR ASSET MANAGEMENT SGIIC SA</reportingPersonName>
      <citizenshipOrOrganization>U3</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>28606167.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>28606167.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>28606167.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>10.0</classPercent>
      <typeOfReportingPerson>IV</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Borr Drilling Ltd</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>S.E. PEARMAN BUILDING, 2ND FLOOR 9 PAR-LA-VILLE ROAD, HAMILTON, BERMUDA, HM11</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>JAVIER CASAMAYOR</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>PASEO DE LA CASTELLANA 110.28046 MADRID, SPAIN</principalBusinessOfficeOrResidenceAddress>
        <citizenship>SPAIN</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>28.606.167</amountBeneficiallyOwned>
        <classPercent>10.01</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>28.606.167</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>28.606.167</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
        <classOwnership5PercentOrLess>N</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under &amp;#167; 240.14a-11.

</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>AZVALOR ASSET MANAGEMENT SGIIC SA</reportingPersonName>
      <signatureDetails>
        <signature>SERGIO FERNANDEZ PACHECO</signature>
        <title>CFO</title>
        <date>11/25/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
