Ensco plc and Rowan Cos. plc agreed Monday to merge in an all-stock transaction, creating one of the largest offshore drilling companies in the world, with extensive reach into ultra-deepwater basins including the U.S. Gulf of Mexico (GOM).
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Global Offshore Drilling Industry Eyeing Recovery
Offshore drilling, one of the most beleaguered oil and gas sectors since booming onshore production took hold, is on the cusp of a recovery, Transocean Ltd. management said Tuesday in announcing a $2.7 billion deal to acquire a competitor.
September 5, 2018
Steady Decline in Serious Offshore Incidents Encouraging, Says BSEE Chief
The Gulf of Mexico (GOM) will see more natural gas and oil development in the years ahead, with deeper wells at higher pressures and temperatures, which means more oversight to ensure operations are safe, a top regulator with the Department of Interior said Tuesday.
May 5, 2015
Steady Decline in Serious Offshore Incidents Encouraging, Says BSEE Chief
The Gulf of Mexico will see more natural gas and oil development in the years ahead, with deeper wells at higher pressures and temperatures, which means more oversight to ensure operations are safe, a top regulator with the Department of Interior said Tuesday.
May 5, 2015
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