Search results for: Rowan Companies

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  • 23 August 2016
    Business & Finance

    Rowan Companies, a Houston-based drilling contractor, has appointed Charles L. Szews to its board of directors, effective immediately. Rowan said on Monday that this appointment raises the director tally to ten, nine of which are independent. Before his appointment, Szews served as CEO of Oshkosh Corporation, a manufacturer, designer and marketer of specialty vehicles and […]

  • 27 February 2019
    Business & Finance, Exploration & Production

    Rowan Companies sank to a loss in the fourth quarter of 2018 from a profit in the year-before period. The driller says it is cautiously optimistic when it comes to improvements in overall offshore rig demand. 

  • 21 April 2016
    Business & Finance, Exploration & Production

    Offshore drilling contractor Rowan Companies has been awarded two contracts for one jack-up drilling rig, while the dayrate for Rowan’s other jack-up could be slashed retroactively if the client exercises its extension option.  According to the offshore driller’s latest fleet status report, Rowan’s high-spec jack-up drilling rig Ralph Coffman was awarded an estimated three month […]

  • 30 November 2017
    Exploration & Production

    The Petroleum Safety Authority (PSA), has issued an order to Rowan Norway to rectify faults noted during an audit of the Rowan Stavanger drilling rig.

  • 12 April 2018
    Exploration & Production

    Rowan Companies has renamed its latest additions to the rig fleet to honor the legacy of two former employees.

  • 9 May 2018
    Exploration & Production

    A Rowan Companies-owned jack up drilling rig has recently arrived in the Gulf of Mexico to work on GulfSlope Energy’s 2018 drilling program. 

  • 3 January 2019
    Business & Finance, Exploration & Production

    Offshore driller Rowan Companies has been awarded a contract extension for one of its Super Gorilla class jack-up rigs.

  • 29 October 2015
    Business & Finance

    Rowan Companies plc, a global provider of contract drilling services, has appointed William E. Albrecht to its Board of Directors. According to Rowan’s press release from Wednesday, the appointment is effective as of October 28, 2015. Albrecht has served as Executive Chairman of California Resources Corporation since July 2014. He has over 35 years of […]

  • 25 February 2011
    Business & Finance

      For the three months ended December 31, 2010, Rowan Companies, Inc. (“Rowan” or the “Company”)  generated net income of $57.3 million or $0.45 per share, compared to $60.8 million or $0.53 per share in the fourth quarter of 2009. Revenues were $458.8 million in the fourth quarter of 2010, compared to $399.8 million in […]

  • 28 March 2019
    Business & Finance, Exploration & Production

    Offshore drillers Ensco and Rowan Companies have received clearance from the General Authority for Competition in the Kingdom of Saudi Arabia for their pending combination.

  • 15 May 2017
    Exploration & Production

    Drilling contractor Rowan Companies has provisionally bought two Petrobras jack-up rigs for just $30 million a piece. According to a statement by Rowan, dated May 11, the company participated in a public rig auction and was the high bidder for Petrobras’ P-59 and P-60 jack-ups. The drilling contractor said that the two 2013-built LeTourneau Super […]

  • 1 August 2011
    Business & Finance

    Rowan Companies, Inc. announced today that Thomas P. Burke has been appointed to serve as the Company’s Chief Operating Officer, and Melanie M. Trent has been appointed to serve as Senior Vice President, Chief Administrative Officer and Corporate Secretary. Matt Ralls, Rowan’s President and Chief Executive Officer, commented, “We are delighted to announce these two […]

  • 27 March 2014
    Business & Finance, Equipment

    ABS has achieved an industry first with the completion of the Rowan Companies’ Rowan Renaissance drillship. This newbuild, which was built in the Hyundai Heavy Industries (HHI) yard in Ulsan, South Korea, is the first in the world to have earned ABS’ Integrated Software Quality Management (ISQM) notation. “As reliance on computer controlled systems has […]

  • 10 October 2018
    Exploration & Production

    Rowan Companies has concluded the sale of two LeTourneau Tarzan Class jack-up rigs to ARO Drilling.

  • 3 December 2018
    Business & Finance, Exploration & Production

    ExxonMobil has exercised the first two options for the Rowan Companies-owned drillship Rowan Relentless.

  • 27 March 2014
    Business & Finance

    ABS has achieved an industry first with the completion of the Rowan Companies’ Rowan Renaissance drillship. This newbuild, which was built in the Hyundai Heavy Industries (HHI) yard in Ulsan, South Korea, is the first in the world to have earned ABS’ Integrated Software Quality Management (ISQM) notation. “As reliance on computer controlled systems has […]

  • 18 February 2019
    Business & Finance, Exploration & Production

    Offshore drilling company Ensco and its rival Rowan Companies have received approval from the UK competition authorities for their imminent merger.

  • 29 May 2013

    Rowan Companies plc, a U.S.-based offshore drilling contractor, announced the appointment of Tore I. Sandvold to its Board of Directors effective as of May 31, 2013. Sandvold has over 30 years of experience in the oil and energy industry, having served in the Norwegian Ministry of Industry, Oil & Energy in a variety of positions, including […]

  • 8 June 2018
    Business & Finance, Exploration & Production

    Rowan Companies has been awarded a contract for one of its drillships by ExxonMobil to drill a prospect in the U.S. Gulf of Mexico.

  • 23 December 2010
    Business & Finance

      Keppel AmFELS Inc., a wholly-owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered the third of four EXL jackup rigs to a subsidiary of Rowan Companies, Inc. (Rowan) ahead of schedule and within budget. The jackup was christened Rowan EXL-III yesterday by Mrs Barbara Ladner, spouse of Mr Laron Ladner, […]

  • 19 October 2018
    Business & Finance, Exploration & Production

    Rowan Companies has received a contract extension for one of its drillships and a one-well contract for an idle jack-up drilling rig. 

  • 16 September 2016
    Exploration & Production

    Oil exploration company Cobalt International Energy and drilling contractor Rowan Companies have agreed to amend a drilling contract for one of Rowan’s drillships allowing for an early termination.  Cobalt said on Thursday it has entered into an amendment to its drilling contract with Rowan (UK) Reliance Limited, an affiliate of Rowan Companies, which provides for the […]