The previously announced merger between offshore drillers Ensco plc and Rowan Companies closed Thursday with overwhelming support from each company’s shareholders. The new company, named EnscoRowan, will trade on the...

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...

By Manuel Baigorri, Dinesh Nair and Matthew Monks (Bloomberg) — Oilfield-services company Rowan Cos. is in talks to acquire the drilling business of A.P. Moller-Maersk A/S, which is selling energy assets to...

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...

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...

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...

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...

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,...

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.

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.

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...

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...

By Alison Sider HOUSTON–Shallow-water driller Rowan Drilling Company (RDC) is stepping in the deepwater, a move that it expects will boost profits and make it a long-term player in the...

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,...

Rowan Companies plc (NYSE: RDC) announced today that it has exercised its option to build a fourth GustoMSC P10,000 design ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd. with delivery...

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...

(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...

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...

(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...

(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...