Paragon Offshore Archives - Baird Maritime

In Saudi Arabia, Qatar and the UAE, public investment by petro-states is increasingly focused on squeezing out private sector businesses in oilfield services, especially ..

September 30, 2019

COLUMN | Deepwater drilling industry still flashing red [OFFSHORE ACCOUNTS]

Written by Hieronymus Bosch on September 30, 2019. Posted in Offshore World, Work Boat World Features.

Deepwater rig companies do everything bigger and better than OSV companies. Their rigs are physically huge, their day rates dwarf those of anchor handlers and platform su ..

November 27, 2020

COLUMN | Quick updates: BW Offshore, Cadeler, MMA Offshore, McDermott, James Fisher, Noble Drilling, Maersk Drilling, Ocean Infinity, Kris Energy and Rubicon [Offshore Accounts]

Written by Hieronymus Bosch on November 27, 2020. Posted in Ausmarine - Shipping and Offshore, Commercial Mariner - Offshore, Jackups/Liftboats, Offshore Drilling & Extraction, Offshore Operations & Maintenance, Offshore Processing & Storage, Offshore World, Subsea Surveying, Unmanned Craft (Non-Naval), Work Boat World Features.

After announcing in October that it would liquidate the subsidiary that owns the FPSO Umuroa, and hand the idle vessel to the company administrators to maintain, remove f ..

February 25, 2018

Borr Drilling announces plan for $232.5 million Paragon Offshore acquisition

Written by Baird Maritime on February 25, 2018. Posted in Offshore Drilling & Extraction.

Bermuda-based Borr Drilling has announced a binding tender agreement to buy all outstanding shares of Paragon Offshore.
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OFFSHORE WEEK

December 11, 2019

Introduction | The offshore industry – the slow road to recovery

Written by Hieronymus Bosch on December 11, 2019. Posted in Ausmarine - Featured, Ausmarine - Shipping and Offshore, Commercial Mariner - Featured, Commercial Mariner - Offshore, Offshore World, Work Boat World Features.

Since the offshore market was plunged into crisis in late 2014, the industry has battled to survive. Hundreds of thousands have lost their jobs, hundreds of vessels have ..