Thursday, April 11, 2019
Monday, October 8, 2018
Offshore Driller Ensco to Buy Rowan in $2.38 Billion Deal
By John Benny and Shanti S Nair Oct 8 (Reuters) – Deep-sea oil driller Ensco Plc said on Monday it would buy smaller rival Rowan Cos Plc in an all-stock deal...
Monday, September 25, 2017
Monday, May 23, 2016
Contract Terminated for Rowan Ultra-Deepwater Drillship
Houston-headquartered drilling contractor Rowan says it has reached an agreement with one of its customers for the early termination of the drilling contract for the ultra-deepwater drillship Rowan Relentless. The contract with Freeport-McMoRan...
Friday, June 20, 2014
Rowan Viking to Get Longer Legs at Damen Shiprepair Vlissingen
The 170 meter tall Rowan Viking jackup will soon be a bit taller as a result of a refit at Damen Shiprepair Vlissingen (DSV). The yard will be adding another 20 meters...
Monday, June 9, 2014
Rowan is Out of the Woods with Latest Contract While Other Drillers are Scrambling
Rowan Companies’ fourth and final newbuild drillship, the Rowan Relentless, is now covered by a long term charter contract amid a very competitive deepwater drilling market. The contract was awarded...
Tuesday, May 13, 2014
North Sea Tax Change To End Offshore Drillers’ 20-Year Tax Holiday [UPDATE]
By Tom Bergin LONDON, May 13 (Reuters) – A planned change in the way Britain taxes North Sea drillers exposes the loophole in a system that allowed an industry with...
Wednesday, March 12, 2014
Repsol to Use Rowan Renaissance Drillship to Place $95 Million Bet Offshore Namibia
March 12 (Bloomberg) — Repsol SA, Spain’s biggest oil producer, will spend about $95 million drilling its first well offshore from Namibia as the African nation pursues a commercial discovery,...
Friday, January 31, 2014
Rowan Fights Second Well Blowout in a Year at Same Gulf of Mexico Site
The blowout at a natural gas well in the Gulf of Mexico yesterday is the second time in a year Rowan Companies Plc has lost control while drilling at the same location with the same rig.
BSEE, Coast Guard Responding to Loss of Well Control Incident in Gulf of Mexico
Workers last night cut in half the flow of natural gas from an out-of-control well being drilled by Rowan Companies Plc in the Gulf of Mexico off the coast of Louisiana, the U.S. Coast Guard said.
Tuesday, August 6, 2013
Rowan Reports Solid Q2, Signs $660 Million Contract With Cobalt
Houston-based drilling contractor Rowan (NYSE: RDC) had quite a bit to celebrate today. In their Q2 earnings report, they announced a $32 million (63 percent) jump in quarterly net income...
Tuesday, July 30, 2013
Relief Well Drilling to Commence at Site of Hercules Rig Fire
The Bureau of Safety and Environmental Enforcement (BSEE) announced this afternoon that the drilling operation to permanently seal the well that blew out at South Timbalier 220 and forced the...
Sunday, January 27, 2013
Thursday, September 13, 2012
Hyundai Heavy Wins $620 Million Drillship Order from Rowan
South Korea’s Hyundai Heavy Industries announced today it had secured a USD $620 million order to build a drillship for Houston-based drilling contractor Rowan Companies. The contract price includes commissioning,...
Monday, September 10, 2012
Thursday, July 5, 2012
Rowan Orders South Korean Drillships With Emissions Scrubbers
Hyundai Heavy Industries announced today that it will supply 18 gas emission reduction systems for three drillships ordered by Rowan in June 2011. The eco-friendly Selective Catalytic Reduction (SCR) system...
Wednesday, May 2, 2012
Rowan Shows Strong Revenue Growth with Higher Day Rates and Jackup Rig Utilization
(Dow Jones) Rowan Cos.’s (RDC) first-quarter earnings rose 54% as higher day rates contributed to the offshore drilling company’s stronger-than-expected revenue growth and improved margins. Over the past year, Rowan...
Friday, March 30, 2012
Mobilized by Total: Transocean’s Sedco 714 and the Rowan Gorilla 5
LONDON ( Dow Jones ) – Efforts to drill a relief well to plug the leak seen since Sunday on a platform of Total (FP.FR) in the UK North Sea began with...
Tuesday, March 27, 2012
Will it be Transocean to the Rescue, or Perhaps Rowan? Total Considers Options at Elgin
(Dow Jones) French oil major Total SA (TOT, FP.FR) may hire Transocean Ltd. (RIG, RIGN.VX) and Rowan Cos. (RDC) to drill relief wells to end an ongoing gas leak at its Elgin platform in...
Tuesday, February 28, 2012
Rowan (NYSE:RDC) Reports Increased Rig Utilization and Day Rates
(Dow Jones) Rowan Cos.’s (RDC) fourth-quarter earnings fell 21% as the offshore drilling company reported lower contributions from discontinued operations and higher costs. Rowan, which operates a fleet of high-specification...
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