Thursday, April 11, 2019

Offshore Drillers Ensco and Rowan Complete Merger

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...

April 11, 2019
Total Views: 31

Monday, October 8, 2018
offshore rig

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...

October 8, 2018
Total Views: 1

Monday, September 25, 2017
Maritime News

Rowan Said to Be In Talks to Buy Maersk Drilling

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...

September 25, 2017
Total Views: 0

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...

May 23, 2016
Total Views: 22

Friday, June 20, 2014
rowan viking jackup rig

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...

June 20, 2014
Total Views: 14

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...

June 9, 2014
Total Views: 23

Tuesday, May 13, 2014
Transocean marianas deepwater drilling rig

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...

May 13, 2014
Total Views: 1

Wednesday, March 12, 2014
rowan renaissance drillship

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,...

March 12, 2014
Total Views: 35

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.

January 31, 2014
Total Views: 9


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.

January 31, 2014
Total Views: 22

Tuesday, August 6, 2013
rowan deepwater drillships

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...

August 6, 2013
Total Views: 0

Tuesday, July 30, 2013
Rowan EXL III jack-up rig

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...

July 30, 2013
Total Views: 9

Sunday, January 27, 2013
rowan deepwater drillships

Rowan Drilling is Going Deep in 2013

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...

January 27, 2013
Total Views: 8

Thursday, September 13, 2012
drillship hyundai heavy

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,...

September 13, 2012
Total Views: 8

Monday, September 10, 2012
Press Releases

Rowan Orders Fourth Ultra-Deepwater Drillship

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...

September 10, 2012
Total Views: 2

Thursday, July 5, 2012
gas emission reduction hhi hyundai sox nox
Engineering News

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...

July 5, 2012
Total Views: 6

Wednesday, May 2, 2012
Rowan Viking

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...

May 2, 2012
Total Views: 9

Friday, March 30, 2012
Rowan Gorilla V

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...

March 30, 2012
Total Views: 30

Tuesday, March 27, 2012
transocean rig workers

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...

March 27, 2012
Total Views: 0

Tuesday, February 28, 2012
rowan drilling drillfloor pulling slips tripping pipe

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...

February 28, 2012
Total Views: 13