Petrobras moves for early release of Paragon Offshore drillship

Offshore staff

HOUSTON Petrobras has given an early release to Paragon Offshore’s DPDS2 drillship. The original contract was into March 2017, and Paragon says the matter is in discussion with Petrobras.

Petrobras also is contesting about a year’s time on the drilling contract with Paragon’s DPDS3.

Elsewhere, Paragon says it plans to stack the M841 and M842 jackup rigs.


Share your news with Offshore at

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...