Paragon Offshore delays taking jackup rig at SWS, posts deep Q3 loss

Paragon Offshore has delayed taking delivery of a jackup rig being built at China’s Shanghai Waigaoqiao Shipbuilding (SWS) in view of the sluggish offshore drilling market, and posted a deep third quarter loss. ...

Paragon Offshore delays jackup rig delivery at Waigaoqiao

Paragon Offshore has announced that a wholly-owned subsidiary of the company has signed an agreement with Shanghai...