Paragon Offshore is a leading provider of standard specification offshore drilling units serving the oil and gas industry. Founded in 2014 and headquartered in the United States, the company's fleet consists of 32 jackups and six floaters, operating in significant hydrocarbon-producing geographies worldwide.
Paragon Offshore's global team of more than 3,000 professionals is dedicated to maintaining exceptional safety standards and delivering the most reliable performance in the industry for clients and shareholders. The company also holds the majority stake in Prospector Offshore Drilling S.A., a publicly traded offshore drilling company on the Oslo Axess stock exchange, further expanding its reach and capabilities in the industry.
With a focus on safety, reliability, and expansion, Paragon Offshore recently announced plans to list its shares on the New York Stock Exchange under the symbol "PGN," providing opportunities for investors to participate in the company's growth and success.
As a player in the information technology sector, Paragon Offshore presents an intriguing investment prospect for those interested in the energy industry's future and the global oil and gas market.
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