Oslo-listed Borr Drilling has announced that it will be looking to add jobs once it moves into new office space, as work shifts from Dubai to Aberdeen.
Oslo-listed firm Borr Drilling today announced the purchase of a new jack-up drilling rig which it hopes can "generate positive income".
Trade unionists and workers will stage a protest in the north-east tomorrow against the redundancy plans of Paragon Offshore's new owners.
Borr Drilling’s takeover of rival firm Paragon Offshore will create the “largest jack-up rig owner in the world”, an analyst has said.
Agreement has been reached between joint venture partners to drill an exploration well on the Cormorant prospect in Namibia.
Paragon Offshore Plc’s reorganization proposal is so unrealistic that the oil-rig company will run out of cash in less than three years, dissident lenders said at the opening of a bankruptcy court hearing.
ASCO has warned job seekers over false employment offers from the company.
Offshore drilling service company Paragon Offshore has warned against scam recruitment offers being falsely made to job seekers.