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Atwood Oceanics, Inc. was an offshore drilling contractor headquartered in Houston, Texas.In October 2017, the company was acquired by Ensco plc. [1]The company owned and operated 4 ultra-deepwater drillships, 2 ultra-deepwater semisubmersibles (can drill in water up to 12,000' deep), 2 deepwater semisubmersibles, and 5 high-specification jackup rigs.
Atwood Oceanics is down 18% and Seadrill is down more than 22%, while Noble Corp and Transocean haven't fared much better. Even massively diversified 2 Offshore Drillers, 2 Reasons to Buy
Atwood Oceanics is well positioned to outperform the offshore drilling market as the company continues to enhance its fleet of jackup and floater vessels. In addition to commanding industry ...
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, offshore drilling contractor Atwood Oceanics has earned a ...
Valaris Limited (previously ENSCO-Rowan plc) is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in Bermuda. It is the largest offshore drilling and well drilling company in the world, and owns 52 rigs, including 36 offshore jackup rigs, 11 drillships, and 5 semi-submersible platform drilling rigs. [1]
Vetco was the result of a consortium consisting of the private equity firms Candover, 3i and JP Morgan Partners, which took over ABB's oil and gas division, ABB Offshore Systems. These companies have served the upstream oil and gas industry since 1903 and are suppliers of products, systems, and services for onshore and offshore drilling. Vetco ...
This year didn't start well for investors in offshore drilling companies. Shares of Diamond Offshore , Atwood Oceanics , and SeaDrill continued the downtrend already in place at the end of 2013.
A drillship is a merchant vessel designed for use in exploratory offshore drilling of new oil and gas wells or for scientific drilling purposes. In recent years the vessels have been used in deepwater and ultra-deepwater applications, equipped with the latest and most advanced dynamic positioning systems.
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