Saturday, January 12, 2013

ENSCO: Drilling Deep for Value

By Christopher C. Williams, Barron’s Oil and gas producers are scoring major finds farther offshore than ever before. That, and rising energy prices, are good news for companies like Ensco,...

January 12, 2013
Total Views: 4

Tuesday, May 31, 2011
Offshore News

Ensco Completes Pride Aquisition

Ensco Now World’s Second Largest Offshore Driller LONDON–(BUSINESS WIRE)– Ensco plc (NYSE: ESV) announced the completion of its acquisition of Pride International, Inc. (NYSE: PDE) after both companies received overwhelming...

May 31, 2011
Total Views: 2

Thursday, April 7, 2011
Engineering News

Pride extends option with Samsung for 6th drillship

Pride International, Inc. said today that it has reached and agreement with Samsung Heavy Industries, Ltd. to extend Pride’s option for the construction of a sixth ultra-deepwater drillship by 30...

April 7, 2011
Total Views: 1

Thursday, February 10, 2011
Ensco Deep-Ocean-Clarion
Offshore News

CEO Clarifies His Motives – ENSCO Purchased Pride For Its ‘Employees & Customers, Not Rigs’

HOUSTON-(Dow Jones)- London drilling company Ensco PLC (ESV) is buying rival Pride International Inc. (PDE) rather than ordering its own new drilling rigs in order to gain access to the...

February 10, 2011
Total Views: 0

Offshore News

Offshore Drillers Rise In Wake Of Ensco Buyout Of Pride

Shares of offshore drillers Atwood Oceanics Inc. (ATW) and Rowan Cos Inc. (RDC), among others, jumped as Ensco PLC’s (ESV) $7.3 billion deal for Pride International Inc. (PDE) lifted the...

February 10, 2011
Total Views: 1

Monday, February 7, 2011

Ensco to Acquire Pride International

LONDON & HOUSTON–(BUSINESS WIRE)– Ensco plc (NYSE: ESV) and Pride International, Inc. (NYSE: PDE) jointly announced today that they have entered into a definitive merger agreement under which Ensco will...

February 7, 2011
Total Views: 0

Wednesday, January 26, 2011

Pride International accepts delivery of new deepwater drillship

HOUSTON, TX, Jan 25, 2011 (MARKETWIRE via COMTEX) — Pride International, Inc. (NYSE: PDE) today announced that the company has dedicated and accepted delivery of the Deep Ocean Mendocino, the...

January 26, 2011
Total Views: 4

Thursday, December 16, 2010
Offshore News

Pride announces order for fifth ultra-deepwater drillship

HOUSTON, TX, Dec 14, 2010 (MARKETWIRE via COMTEX) — Pride International, Inc. (NYSE: PDE) today announced that the company has reached agreement with Samsung Heavy Industries, Ltd. (SHI) for the...

December 16, 2010
Total Views: 1

Thursday, November 11, 2010
Offshore News

Seadrill Orders Four New Dual Activity Drillships

Seadrill Ltd. announced today that they have awarded the Korean shipbuilder Samsung Heavy Industries a $1.08B contract to build four new dual-activity drillships.  This is the first new drillship order...

November 11, 2010
Total Views: 23