Search results for: Ensco 8503

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  • 27 April 2011
    Business & Finance

      Ensco plc and Pride International, Inc.  jointly announced today that they each will hold special shareholder meetings on 31 May 2011 to vote on the merger of their companies, creating the world’s second largest mobile offshore drilling fleet. The Ensco and Pride joint proxy statement/prospectus has been finalized and soon will be distributed to […]

  • 17 February 2016
    Business & Finance, Exploration & Production

    Ensco, a UK-based offshore drilling contractor, has received a contract award for one of its drilling rigs from Chevron in Indonesia.  According to Ensco’s February fleet status report, the 2011-built, deepwater, semi-submersible drilling rig Ensco 8504 is currently mobilizing to Indonesia. The rig will operate for Chevron from late March until early July 2016. Lump sum […]

  • 18 May 2012
    Business & Finance

    Ensco plc has selected ABS as the class society for its advanced-capability, ultra deepwater drillship to be built at the Samsung Heavy Industries, Co. Ltd (SHI) Shipyard in Geoje, South Korea. The ENSCO DS-8 will be the sixth Samsung DP3 drillship in the fleet and will extend the benefits of Ensco’s fleet standardization strategy. With […]

  • 27 October 2016
    Business & Finance, Exploration & Production

    UK-based offshore drilling contractor Ensco saw its profit as well as revenues drop during the third quarter of 2016 mainly due to lower rig utilization.  According to its report on Wednesday, the drillers’s profit during the third quarter of 2016 dropped to $85.3 million, compared to $292 million in the prior-year third quarter. Revenues were […]

  • 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.

  • 20 February 2014
    Business & Finance

    Ensco plc reported today that diluted earnings per share were $1.54 in fourth quarter 2013 compared to $0.94 in fourth quarter 2012. Discontinued operations primarily related to rigs and other assets no longer on the Company’s balance sheet reduced earnings by $0.02 per share in fourth quarter 2013 and $0.10 per share in fourth quarter 2012. […]

  • 16 June 2013
    Business & Finance

    Samsung Heavy Bags Another Large-Scale Order Samsung Heavy Industries (SHI) has revealed today that its Nigerian subsidiary has won a USD 3 billion worth order for the construction of an FPSO (floating production storage and offloading) unit for an unknown customer. Costa Concordia: Platform No 2 Installed on Giglio Island (Italy) Platform No 2 of […]

  • 1 November 2018
    Exploration & Production

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

  • 14 January 2019
    Business & Finance, Exploration & Production

    Offshore drilling company Ensco has raised its offer for rival Rowan Companies, offering an increase in the exchange ratio for its all-stock combination with Rowan. The increased offer comes a week after it was announced that one of Rowan’s major shareholders, Canyon Partners, would oppose the merger saying the deal significantly undervalues Rowan.

  • 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 May 2012

    Ensco plc has selected ABS as the class society for its advanced-capability, ultra deepwater drillship to be built at the Samsung Heavy Industries, Co. Ltd (SHI) Shipyard in Geoje, South Korea. The ENSCO DS-8 will be the sixth Samsung DP3 drillship in the fleet and will extend the benefits of Ensco’s fleet standardization strategy. With […]

  • 14 June 2019
    Exploration & Production

    Luminus has been extremely disappointed by EnscoRowan trading performance

  • 9 January 2015
    Business & Finance, Equipment, Exploration & Production

    EFC Group, a designer and manufacturer of controls, instrumentation, monitoring and handling systems for the global oil and gas drilling industry, has been awarded contracts with major oil and gas drilling contractor companies to the value of £3.65 million ($5.5 million). The company has completed two BOP control system contracts with Ensco worth more £1.65million […]

  • 24 October 2013

    Ensco plc has reported that diluted earnings per share increased 9% to $1.62 in third quarter 2013 from $1.48 a year ago. Discontinued operations primarily related to rigs and other assets no longer on the Company’s balance sheet reduced earnings last year by $0.07 per share. Diluted earnings per share from continuing operations were $1.62 in […]

  • 12 December 2016

    Russian gas company Gazprom has received a credit facility of 800 million euros (approx. $848.8M) from a consortium of three banks.  The Russian company signed the four-year facility agreement with Japan’s Mizuho Bank and Sumitomo Mitsui Banking Corporation (SMBC), and U.S.-based JPMorgan Chase Bank at its headquarters on Monday. On behalf of Gazprom the document was signed […]

  • 31 May 2017
    Exploration & Production

    The merger between Ensco and Atwood Oceanics this week marks the first significant step in a much-needed industry consolidation process. And the numbers look good for both parties.

  • 27 August 2019
    Business & Finance, Exploration & Production

    Valaris, formerly known as EnscoRowan, has been awarded new contracts and contract extensions for its rigs, with associated revenue backlog of $84 million. 

  • 16 April 2014
    Business & Finance

    The Coast Guard is overseeing response efforts for an offshore drilling rig that began taking on water into a ballast tank after a large wave hit them in heavy seas more than 100 miles south of Galveston. Tuesday morning the Coast Guard received a report that the ENSCO 8506, an offshore semi-submersible drilling rig, had […]

  • 10 February 2011
    Business & Finance

      Ensco plc  announced today that one of its subsidiaries has finalized a fixed-price shipyard construction contract with Keppel FELS Limited (“KFELS”) in Singapore for construction of two new ultra-premium harsh environment jackup rigs. Including commissioning, system integrated-testing and project management, the construction cost is expected to be approximately $230 million per rig. The shipyard […]

  • 7 August 2017
    Exploration & Production

    Offshore driller Ensco in May announced a proposed acquisition of its rival Atwood Oceanics, which will, once and if completed, make Ensco one of the world’s largest jack-up owners, but will also add several hi-spec floaters to its fleet. To remind, it was agreed that under the proposed merger, Atwood shareholders would receive 1.60 shares […]

  • 29 April 2014
    Business & Finance

    Ensco plc reported that diluted earnings per share were $1.25 in first quarter 2014 compared to $1.36 in first quarter 2013. Adjusted for $13 million, $0.06 per share, of certain discrete tax items, first quarter 2014 diluted earnings per share were $1.31. Chairman, President and Chief Executive Officer Dan Rabun said, “While earnings per share […]

  • 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 […]