Borr Drilling to expand rig fleet with USD 232.5 million acquisition

Tor Olav Trøim's Borr Drilling has announced the purchase of Paragon Offshore for USD 232.5 million. The acquisition includes 32 rigs, most of which are stacked.

Photo: Colourbox

Log in to read our articles

Welcome to EnergyWatch. A part of our content is exclusive and reserved for our users.

Try us for 14 days

Try a trial subscription for access to our quality journalism

Frontpage right now

Price on Taiwanese offshore wind more than halved

A Canadian utility walked away the winner in Taiwan's first price competition, which slashed almost two-thirds of the price relative to just two months ago. A handful of developers have gone home empty handed.

Related articles

Latest News


See all

See all