Search results for: Rowan

812 results

A list of search results

  • 18 January 2019
    Business & Finance, Exploration & Production

    Offshore drilling company Ensco has decided to postpone its general meeting originally scheduled for January 23, 2019.

  • 12 September 2011
    Business & Finance

      Keppel AmFELS LLC, a wholly owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has completed the delivery of its fourth EXL jack-up rig to a subsidiary of Rowan Companies, Inc. (Rowan)  with a perfect safety record, four months ahead of schedule and within budget. The jack-up rig was christened Rowan EXL-IV […]

  • 12 April 2018
    Exploration & Production

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

  • 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.

  • 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.

  • 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 […]

  • 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.

  • 21 November 2018
    Business & Finance, Exploration & Production

    Rowan has transferred a contract from the Rowan Reliance to Rowan Resolute drillship, which means the former will not be returning from the warm-stack mode. 

  • 28 February 2018
    Business & Finance, Exploration & Production

    U.S. offshore driller Rowan Companies returned to quarterly profit despite lower revenues helped by the sale of rigs to a joint venture with Saudi Aramco.  For the fourth quarter 2017 Rowan reported a net income of $112 million compared to a net loss of $24.4 million in the fourth quarter of 2016. The net income […]

  • 16 November 2017
    Exploration & Production

    Norway’s safety watchdog, the Petroleum Safety Authority (PSA), has found serious breaches during an audit of Rowan Norway and the mobile drilling unit Rowan Stavanger. The PSA said on Thursday that the audit, conducted from October 17-20, was directed at emergency preparedness and maintenance management on Rowan Stavanger. The audit identified non-conformities related to maintenance […]

  • 10 October 2018
    Exploration & Production

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

  • 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.

  • 20 May 2015
    Business & Finance, Exploration & Production

    Rowan Companies, a Houston-based provider of drilling services, has been awarded several contract extensions with lower day rates, and a new one-well contract. According to its latest fleet status report, Rowan’s jack-up drilling rig Rowan Gorilla V was awarded a two-well extension estimated for an additional year with Total in the UK sector of the North Sea. […]

  • 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.

  • 20 July 2015
    Business & Finance, Exploration & Production

    Rowan Companies, a Houston-based drilling contractor, has sold two jack-up drilling rigs effective July 1, 2015. In addition, Rowan has signed several new contracts and contract extensions.  Namely, the Rowan Alaska and the Rowan Juneau have been retired from service as drilling units as the company has entered into contracts for sale of the rigs with an expected closing […]

  • 1 April 2019
    Business & Finance, Research & Development

    Ørsted U.S. Offshore Wind has signed a Memorandum of Understanding (MoU) with Rowan University in New Jersey for research on offshore wind. Under the agreement, Ørsted will support innovative offshore wind engineering clinics for Rowan University students and collaborate with them on research opportunities. Rowan University said that the MoU was signed on 27 March at its annual Faculty Research Day, which […]

  • 23 June 2011
    Business & Finance

    On 17 June 2011, the Petroleum Safety Authority Norway (PSA) granted an Acknowledgement of Compliance (AoC) to the Rowan Stavanger mobile living quarters and drilling facility, operated by Rowan Drilling Norway AS (Rowan Drilling). This AoC only applies for use as a living quarters facility. The AoC is an acknowledgement from the PSA which expresses […]

  • 1 August 2012
    Business & Finance

    Rowan Companies plc has announced  that J. Kevin Bartol has been appointed to serve as the Company’s Executive Vice President, Finance and Corporate Development. In this new role, Bartol will lead the Company’s Finance, Investor Relations and Corporate Development departments. William H. Wells will continue to serve as Senior Vice President, Chief Financial Officer and […]

  • 23 April 2015
    Business & Finance, Exploration & Production

    Rowan Companies, a Houston-based drilling contractor, has seen several revised operating rates for their rigs contracted by Saudi Aramco.  According to its latest fleet status report, five of its jack-up rigs under contract with Saudi Aramco in Saudi Arabia, are under revised operating rates beginning March 1, 2015. Namely, the operating rate for Hank Boswell high […]

  • 15 October 2015
    Business & Finance

    Rowan Companies, a Houston-based offshore driller, has won a contract for its Rowan Gorilla IV jack-up rig from Arena Energy. In its fleet status update on Wednesday, Rowan said the new 300-day contract would start in direct continuation of the prior contract. The rig is currently employed by Energy XII. The new contract is expected […]

  • 15 November 2016
    Exploration & Production

    Spanish oil company Repsol has terminated a drilling rig contract with the U.S. offshore drilling company Rowan Companies. Rowan said on Tuesday that Repsol had informed it on November 8, it would terminate the drilling contract for the Rowan Renaissance drillship “effective immediately.” “The Company expects to continue to be paid by Repsol on a […]