Search results for: Carl Trowell

35 results

A list of search results

  • 3 August 2020
    Business developments & projects, Equipment, Technology

    Subsea services group Acteon has recently opened its new facility in Westhill, Aberdeen. The company has obtained the extensive newly built premises, spanning over a total of 55,000 square feet. The centre should simplify the interface for its clients and boost service delivery for survey, marine electronics and ROV tooling. Acteon companies who share the […]

  • 27 May 2020
    Business & Finance

    Subsea services specialist Acteon said that Dr Carl Trowell will become Group’s new chief executive officer, succeeding Richard Higham. Trowell will join Acteon from offshore drilling company Valaris (Ensco). He was Ensco’s chief executive and subsequently became executive chairman in 2019 following merger with Rowan and rebranding as Valaris. Prior to Ensco, Trowell worked for […]

  • 11 April 2019
    Exploration & Production

    Offshore drilling companies Ensco and Rowan have completed the previously announced merger deal, creating a new company named Ensco Rowan.

  • 28 February 2019
    Business & Finance, Exploration & Production

    Offshore driller Ensco managed to take the edge off some of its quarterly loss but remained in the red ahead of its merger with Rowan.

  • 22 February 2019
    Exploration & Production

    Offshore drillers Rowan Companies and Ensco have informed that their respective shareholders voted to approve the pending all-stock merger transaction. Rowan shareholders will receive 2.750 Ensco shares for each Rowan share they own.

  • 29 January 2019
    Business & Finance

    Ensco has entered into an amendment to the transaction agreement with rival Rowan under which the companies would combine in an all-stock transaction.

  • 1 November 2018
    Exploration & Production

    UK-based driller shares more info on previously reported deal with Total.

  • 31 October 2018
    Exploration & Production

    U.S. offshore drilling company Rowan, expected to be acquired by its UK rival Ensco, sees improvement in the offshore drilling space.

  • 8 October 2018
    Business & Finance, Exploration & Production

    Offshore drillers Ensco and Rowan have announced an all-stock merger agreement. The combined fleet will have 82 offshore rigs

  • 26 July 2018
    Business & Finance, Exploration & Production

    Ensco saw its net loss for the second quarter of the year more than triple as its drilling expenses spiked due to costs associated with 11 Atwood rigs. 

  • 27 February 2018
    Business & Finance, Exploration & Production

    UK offshore driller Ensco posted a loss for the fourth quarter of 2017 compared to a profit in the year-ago quarter. 

  • 26 October 2017
    Business & Finance, Exploration & Production

    Offshore drilling contractor Ensco booked a loss in the third quarter of this year, after reporting a profit in the same period last year. The driller’s revenues were impacted by fewer rig days and lower dayrates.  The UK-based driller, which recently completed its acquisition of Atwood Oceanics, on Wednesday reported a loss of $25.4 million for […]

  • 6 October 2017

    UK offshore driller Ensco on Friday completed its acquisition of the U.S.-based rival Atwood Oceanics.  Ahead of the completion, shareholders of both companies on Thursday approved the proposed merger. Ensco said that 65 percent of its shareholders had voted in favor of the allotment and issuance of Ensco Class A ordinary shares to shareholders of Atwood […]

  • 5 October 2017

    Shareholders of offshore drillers Ensco and Atwood Oceanics have approved the previously proposed merger of the two companies. Ensco on Thursday said 65 percent of its shareholders had voted in favor of the allotment and issuance of Ensco Class A ordinary shares to shareholders of Atwood Oceanics, Inc. in connection with the all-stock acquisition of Atwood […]

  • 29 September 2017
    Business & Finance

    Egan-Jones, an independent proxy advisory firm, has joined Glass Lewis, another advisory firm, in endorsing Ensco’s acquisition of Atwood Oceanics ahead of shareholders meeting in October.  Ensco informed on Friday that Egan-Jones recommended that Ensco shareholders vote “FOR” the pending all-stock acquisition of Atwood Oceanics at the company’s upcoming general meeting of shareholders on October 5. Atwood’s shareholder meeting related to the […]

  • 29 September 2017
    Business & Finance

    UK-based offshore driller Ensco has received commitments from lenders to extend the maturity date of its revolving credit facility by two years in connection with its pending acquisition of rival driller Atwood Oceanics.  In a statement on Thursday, Ensco said that the maturity date of its revolving credit facility would be extended from September 30, […]

  • 22 August 2017
    Exploration & Production

    Offshore driller Ensco has secured a contract for its ultra-deepwater drillship ENSCO DS-7 with Noble Energy in Israel. Noble will use the drillship to to drill two wells and complete four production wells at the Leviathan field development in the Mediterranean Sea. The contract is expected to start in March 2018 and be completed in […]

  • 21 August 2017

    Offshore drillers Ensco and Atwood Oceanics, which recently agreed to merge, on Friday filed definitive proxy materials with the U.S. Securities and Exchange Commission regarding the deal. To remind, subject to certain conditions, including approval from both sets of shareholders, Ensco will acquire Atwood in an all-stock transaction. In a statement on Friday, Ensco and […]

  • 27 July 2017
    Business & Finance

    Ensco, one of the world’s largest drilling contractors, posted a $45.6 million net loss for the second quarter 2017, a steep drop compared to the $590.6 million profit in the same quarter a year ago. Revenues in the second quarter of 2017 were $458 million, compared to $910 million a year ago. Excluding $205 million of […]

  • 11 July 2017
    Business & Finance, Exploration & Production

    UK driller Ensco has been awarded three drillship contracts offshore West Africa, representing an aggregate three years of contracted term and more than six additional years of options. Ensco Chief Executive Officer and President, Carl Trowell, said, “We contracted Ensco DS-4, a rig that was previously preservation stacked, for a two-year term and reactivated the […]

  • 30 May 2017

    UK offshore driller Ensco is set to acquire its U.S. rival Atwood Oceanics, expanding its fleet with high end rigs, and becoming the world’s largest jack-up operator. The two companies have entered into a definitive merger agreement under which Ensco will acquire Atwood in an all-stock transaction. The definitive merger agreement was unanimously approved by […]

  • 18 November 2016

    London-based Ophir Energy on Friday said it has made a number of changes to the membership of its board committees.

  • 17 May 2016
    Exploration & Production

    UK-based offshore driller Ensco has reportedly decided to stack three drillships and one semi-submersible rig thus affecting 350 jobs in Houston.  According to a WARN Notice sent to the Texas Workforce Commission, Ensco started the workforce reduction process, that will last for 60 days, on May 11, 2016. Houston Business Journal reported that the company […]

  • 25 February 2016
    Exploration & Production

    Ensco, a UK-based drilling contractor, has decided to scrap five of its jack-up drilling rigs and one drillship in order to reduce costs.  The rigs set for scraping are jack-up drilling rigs Ensco 56, Ensco 81, Ensco 82, Ensco 86, and Ensco 99, and a 1999-built drillship Ensco DS-1. Ensco Chief Executive Officer and President Carl Trowell said: “Three floaters […]

  • 28 January 2016
    Business & Finance

    Ensco, the UK-based offshore drilling contractor, has named a new senior vice president – general counsel and secretary. Michael McGuinty will be based in London, UK, and the appointment is effective February 1, 2016. According to Ensco, McGuinty most recently was general counsel and secretary of Abu Dhabi National Energy Company, and previously served as […]