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Borr Drilling to acquire Houston's Paragon Offshore - NewsTimes
www.newstimes.com
Paragon, which was spun off from offshore driller Noble Corp. in 2014, wiped $2.3 billion from its balance sheet last year during its restructuring in bankruptcy court. Borr said Paragon now has about $215 million in liabilities and a revenue backlog topping $200 million. Sponsored Links Sponsored Links.
Shell shelves drilling off Alaska but says it's committed to arctic -...
www.upi.com
Royal Dutch Shell PLC put its exploratory-well drilling off Alaska on ice after several costly accidents but said it was committed to arctic drilling.
Consumer spending up slightly last month - StarTribune.com
www.startribune.com
Americans spent a little more in May, but not enough to speed along the economic recovery. Consumer spending rose 0.2 percent last month after no change in...
Offshore driller Noble boosts 4Q profit - Yahoo News South Africa
za.news.yahoo.com
Read 'Offshore driller Noble boosts 4Q profit' on Yahoo News South Africa. Offshore drilling contractor Noble Corp. said Wednesday that its fourth-quarter profit rose
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