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Hurricane Harvey grounds drillship in Port of Corpus Christi

Paragon Offshore’s drillship has grounded in the Port of Corpus Christi, Texas, after Hurricane Harvey ripped ...

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Paragon elects new boss

Offshore drilling contractor Paragon Offshore has appointed James “Jay” Swent III, Paragon’s current ...

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Paragon emerges from bankruptcy

Offshore drilling contractor Paragon Offshore has completed its corporate and financial reorganization and emerged ...

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Paragon 'to emerge from the shadow of bankruptcy'

The U.S. Bankruptcy Court has approved Paragon Offshore’s consensual plan of reorganization under chapter 11 ...

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UK court puts Paragon in administration

A UK court has appointed joint administrators for the drilling contractor Paragon Offshore following the ...

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Paragon files for administration in UK

Drilling contractor Paragon Offshore has filed an application for administration in the United Kingdom to advance ...

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More work for Paragon's jack-up rigs

Drilling contractor Paragon Offshore has been awarded work for three of its jack-up drilling rigs.  According to ...

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Paragon bags North Sea deal

Drilling contractor Paragon Offshore has been awarded a contract for a jack-up rig in the UK sector of the North ...

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Rig impairments drag Paragon deeper into red

Drilling contractor Paragon Offshore posted a deeper net loss for the fourth quarter 2016 compared to the ...

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Sudden CEO and CFO change for Paragon

Paragon Offshore, a global provider of offshore drilling rigs, has appointed a new President and Chief Executive ...

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Paragon gets early termination in Middle East, shrinks loss

Drilling contractor Paragon Offshore has received an early termination for one of its jack-up rigs operating in the ...

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Paragon nets jack-up work, stacks drillship

Drilling contractor Paragon Offshore has been awarded contracts for two of its jack-ups and stacked a drillship ...

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Paragon posts loss amid drop in revenues

Drilling contractor Paragon Offshore posted a net loss for the second quarter of 2016 compared to a profit in the ...

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Paragon stacks two in Puerto Rico

Offshore drilling contractor Paragon Offshore has stacked one of its drillships and a semi-sub drilling rig in ...

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Two extensions, one cancellation for Paragon's rigs

Offshore drilling contractor Paragon Offshore has received two contract extensions and one contract termination for ...

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Paragon sinks to loss

Offshore drilling contractor Paragon Offshore has posted a loss for the fourth quarter of 2015 due to impairment ...

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Paragon sees rate increase in Mexico

Mexico’s state oil company Pemex has increased a dayrate for one of Paragon Offshore’s drilling rigs in ...

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Paragon Offshore stacks one more

Paragon Offshore, an offshore drilling contractor, has stacked one of its drilling rigs after it arrived from India ...

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Paragon files for Chapter 11

Offshore drilling contractor Paragon Offshore on Monday elected to start proceedings under Chapter 11 of the United ...

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Paragon Offshore reaches agreement with creditors

Paragon Offshore, a jack-up rig operator that came into existence after spinning off from Noble Corporation, has ...

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Paragon Offshore stalls interest payment

Paragon Offshore, a provider of jack-up offshore drilling rigs, has decided to defer an interest payment of ...

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