Paragon Offshore gets North Sea jackup deal

Paragon Offshore gets North Sea jackup deal

Houston-headquartered offshore driller Paragon Offshore has announced a new contract for jackup rig B391 in its latest fleet status report.

The rig has won a contract with Centrica for light well intervention services in the UK North Sea, commencing late October and expected to finish around the end of November. The rig has been contracted on a day rate of $53,000.

The jackup had been warm stacked at Great Yarmouth, UK after coming off a contract with Centrica in late May.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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