About Paragon Offshore
Paragon Offshore is an Energy & Utilities company based in Houston (United States) founded in 2014, and was acquired by Borr Drilling in February 2018. Dairy products including milk, cream, butter, and cheeses are produced. Paragon Offshore offers products and services including Offshore Drilling Services and Rig Management Services. Its focus areas include Energy and Oilfield Services. Its legal entity is Paragon Offshore Limited.
Company details
Founded in 2014 and based in Houston, United States, operations are focused on the dairy sector. Milk is sourced from local farms and processed into products such as fresh milk, creams, butter, fromage blanc, spreadable cheeses, and desserts. A line of items tailored for children is also offered. Simple recipes are used, with artificial flavors, colors, and preservatives avoided. Employment opportunities within the dairy industry are actively pursued.
- Headquarters Houston, United States
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Website paragonoffshore.com
- Social LinkedIn X Facebook
- Acquired by Borr Drilling (Feb 2018)
- Legal Name Paragon Offshore Limited
- Annual Revenue$636.18 M (USD)-57as on Dec 31, 2016
- Net Profit-$338.36 M (USD)66as on Dec 31, 2016
- EBITDA$50.86 M (USD)108as on Dec 31, 2016
- Latest Funding Round$1.08B (USD), Debt – Conventional
Jul 2014
- Investors
- Acquired byBorr Drilling
(Feb 2018)
Products & Services of Paragon Offshore
Paragon Offshore offers a comprehensive portfolio of products and services, including Offshore Drilling Services and Rig Management Services.
Offshore drilling operations are conducted for oil and gas exploration and extraction purposes.
Rig management is performed to support drilling activities in offshore environments.
Funding Insights of Paragon Offshore
- Total Rounds 1
- Last Round Debt – Conventional — $1.08B
- First Round $1.08B
(Jul 2014)
All 1 funding rounds of Paragon Offshore with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2014 | $1.08B | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in Paragon Offshore
Paragon Offshore has secured backing from 1 investor. Prominent investors backing the company include Borr Drilling.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Drilling services are provided to oil and gas industries. | 2016 | borrdrilling.com | Oslo, Norway |
Investor details for Paragon Offshore
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Paragon Offshore
18 people are tracked at Paragon Offshore (6 in leadership, 12 in team).
| Name | Role | Group |
|---|---|---|
Jamie Chaytor | Chief Mechanic | Leadership |
Jerry Raymond | Head Of Sales | Leadership |
Jimson Joseph | Chief Electrician | Leadership |
Hans Swiggers | Chief Electrician/electronic Technician | Leadership |
Jonathan Lee Agius | Chief Mechanic | Leadership |
Jh Hoexum | Chief Electrician | Leadership |
David Dikes | Rig Manager | Team |
Michael Rey Elcano | Second Engineer | Team |
Gregory Cormier | Rig Manager | Team |
Stuart Brown | Rig Manager | Team |
Tim Lang | OIM Rig Manager | Team |
Vanegas Tim | OIM / Rig Manager | Team |
Danny Wilson | Administrator | Team |
Ariadne Silvares | Doc. Control Analyst | Team |
Marcus Leblanc | Rig Manager | Team |
Gene Rice | MOC Engineering Manager | Team |
Ravil Saifulin | Barge Engineer | Team |
David Landress | HSEQ Manager | Team |
Complete people profiles for Paragon Offshore
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Paragon Offshore
3 dated milestones of Paragon Offshore across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Paragon Offshore is founded.
- Funding First funding round of $1.1B.
- Exit Acquired by Borr Drilling.
Web traffic of Paragon Offshore
Websites that share an audience with Paragon Offshore (paragonoffshore.com).
Websites whose visitors overlap most with Paragon Offshore. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
offshoreenergytoday.com | offshoreenergytoday.com | 100% | – | ||
| noblecorp.com | 100% | 38K | #899,447 | View details | |
| hpinc.com | 100% | #926,434 | View details | ||
| curtisswright.com | 60% | 101.4K | #436,730 | View details |
Top companies in Oil & Gas Operations
3 companies that operate in the same segment as Paragon Offshore (Oil & Gas Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oilfield services and products are supplied worldwide by Schlumberger. | 1926 | United States | USD 35.69 B | 110,000 | ||
bp is recognized as a global energy company. | 1909 | United States | USD 185.5 B | 100,500 | ||
Energy production and transportation are conducted by Dominion Energy. | 1983 | United States | USD 16.73 B | 14,700 |
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Frequently Asked Questions about Paragon Offshore
Paragon Offshore was founded in 2014.
Paragon Offshore is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Annual revenue of Paragon Offshore is $636.18M as on Dec 31, 2016.
Founded in 2014 and based in Houston, United States, operations are focused on the dairy sector. Milk is sourced from local farms and processed into products such as fresh milk, creams, butter, fromage blanc, spreadable cheeses, and desserts. A line of items tailored for children is also offered. Simple recipes are used, with artificial flavors, colors, and preservatives avoided. Employment opportunities within the dairy industry are actively pursued.
Paragon Offshore offers Offshore Drilling Services and Rig Management Services.
Paragon Offshore has 1 investor. Key investors include Borr Drilling.
Paragon Offshore operates through Paragon Offshore Limited.
Yes. Paragon Offshore was acquired by Borr Drilling in February 2018.