Paragon Offshore

Borr Drilling set to acquire Paragon Offshore

FEBRUARY 22, 2018 — Consolidation in the jack-up market continues. Tor Olav Troim’s Borr Drilling Limited is set to acquire Houston-headquartered Paragon Offshore. Borr has received commitments from holders of 67.9% of

Rough ride for Petrobras-exposed offshore drillers

JUNE 23, 2015—Investment banker Cowen and Company remains cautious on its outlook for shares of stocks of Petrobras-exposed offshore drillers, expecting “significant CAPEX cuts will keep activity offshore Brazil subdued through the