Rowan Companies plc, a U.S.-based offshore drilling contractor, announced the appointment of Tore I. Sandvold to its Board of Directors effective as of May 31, 2013. Sandvold has over 30 years of experience in the oil and energy industry, having served in the Norwegian Ministry of Industry, Oil & Energy in a variety of positions, including [...]
Rowan Companies plc, a U.S.-based drilling contractor specialising in high-specification jack-up rigs, today announced it has secured more work for its Gorilla IV rig in the U.S. Gulf of Mexico. In its fleet contract status update the company revealed that Walter Oil & Gas has awarded a six month contract extension for the rig on a [...]
Rowan Companies plc, an international drilling contractor, yesterday reported that for the three months ended March 31, 2013, the company generated net income from continuing operations of $68.1 million or $0.55 per share, compared to $55.5 million or $0.45 per share in the first quarter of 2012. The prior-year quarter also included a $6.0 million loss [...]
Rowan Companies plc, a U.S.-based provider of drilling services, announced yesterday that Thomas P. Burke, the Company’s current Chief Operating Officer, has been promoted to President. He will remain as the Company’s Chief Operating Officer. W. Matt Ralls will continue to serve as the Company’s Chief Executive Officer until his retirement in mid-2014, when it [...]
Rowan Drilling has secured a new contract for its jack-up rig Rowan California in the Middle East. The drilling contractor revealed in its fleet status update for February that the rig will be hired by Maersk Oil. The Denmark-based oil company will use the rig for drilling operations offshore Qatar. The contract is scheduled to [...]
ConocoPhillips will use the Rowan Norway jack-up rig to drill three new production wells on Ekofisk 2/4-B complex in the Norwegian sector of the North Sea. The PSA Norway has given its consent for the use of the rig which was recently granted an Acknowledgement of Compliance. ConocoPhillips will drill new production wells on Ekofisk [...]
Rowan Drilling’s jack-up rig Rowan Norway has been granted an Acknowledgement of Compliance (AoC) by the Norwegian authorities. This means that the Petroleum Safety Authority Norway considers the rig to be in compliance with relevant requirements in the Norwegian petroleum activities regulations. If the facility operates outside the Norwegian shelf, the owner can choose whether [...]
Rowan Companies plc 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. (“HHI”) with delivery scheduled in March 2015. The cost for this rig, including commissioning, project management and spares, but excluding capitalized interest, is estimated to be approximately $620 million. [...]
September 10, 2012 | Posted in
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Rowan Companies plc an international provider of contract drilling services has unveiled it has received a Letter of Intent for its ultra-deepwater drillship, Rowan Renaissance. The drillship, under construction in Korea, will work for Spanish oil giant Repsol at a day rate ranging from $614,000 to $624,000, depending on work location. The contract is expected [...]
August 3, 2012 | Posted in
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Rowan Companies plc has announced that J. Kevin Bartol has been appointed to serve as the Company’s Executive Vice President, Finance and Corporate Development. In this new role, Bartol will lead the Company’s Finance, Investor Relations and Corporate Development departments. William H. Wells will continue to serve as Senior Vice President, Chief Financial Officer and [...]
