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The company was formed in 2001 by the merger of Global Marine and Santa Fe International Corporation. [2] In March 2003, the company temporarily suspended operations in Kuwait ahead of the Iraq War. [3] [4] In May 2004, the company sold its worldwide land drilling assets to Precision Drilling for $316.5 million. [5] [6]
In 2011, the company acquired Aker Drilling, which owned 4 harsh environment rigs used for drilling near Norway. [20] In 2012, the company sold 38 shallow water rigs and narrowed its focus on high-specification deepwater rigs. [21] In 2013, the company was added to the S&P 500 index. [22]
Global Marine, a drilling contractor which merged with Santa Fe International Corporation to form GlobalSantaFe Corporation. Now part of Transocean. Glomar Challenger, the drillship used for the Deep Sea Drilling Project; Glomar Explorer, a large salvage vessel built by the CIA
The drillship was designed, owned, and operated by Global Marine Incorporated (now Transocean) specifically for a long term contract with the American National Science Foundation and University of California Scripps Institution of Oceanography. It was built by Levingston Shipbuilding Company in Orange, Texas and launched on March 23, 1968. [3]
In 1961 Global Marine started a new drillship era. They ordered several self-propelled drillships each with a rated centerline drilling of 20,000 foot-wells in water depths of 600 feet. The first was named CUSS ( Glomar ) II , a 5,500-deadweight-ton vessel, costing around $4.5 million.
When Trace Adkins, honky tonk legend and Celebrity Apprentice star, spent a day laboring on the offshore oil rig where he spent six years of his youth, he proved his point: "I'm not a singer who ...
McDermott International, Ltd is a global provider of engineering and construction solutions to the energy industry. Operating in over 54 countries, McDermott has more than 30,000 employees, as well as a diversified fleet of specialty marine construction vessels and fabrication facilities around the world.
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