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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]
Shareholders of GlobalSantaFe Corporation received $15 billion of cash as well as stock in the new company for their shares. Robert E. Rose, who was non-executive chairman of GlobalSantaFe, was made Transocean's chairman. Rose had been chairman of Global Marine prior to its 2001 merger with Santa Fe International Corporation. [17]
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
Feb. 5—Site Santa Fe has announced that Cecilia Alemani will curate the 12th Site Santa Fe International, formerly known as the Site Santa Fe Biennial, planned to open in the summer of 2025 and ...
Global Marine merged with Santa Fe International Corporation during 2001 to become GlobalSantaFe Corporation, which merged with Transocean in November 2007 and operated the vessel as GSF Explorer. [citation needed] In 2010, Transocean bought the vessel for a US$15 million ($20 million in 2023) in cash. [19]
Santa Fe Snyder Corporation was an independent oil and gas exploration and production company headquartered in Houston, Texas. [1] The company was formed by the 1999 merger of Houston-based Santa Fe Energy Resources and Fort Worth-based Snyder Oil Corporation. Santa Fe Snyder merged with Devon Energy in August 2000. Devon Energy Corp., Oklahoma ...
Caspian Drilling Company is an international drilling company based in Baku, Azerbaijan. It was founded by State Oil Company of Azerbaijan Republic (SOCAR) and Santa Fe Inc. of US to conduct drilling services for many PSA agreements in Azerbaijan. SOCAR controlled 55% while Santa Fe held the remaining 45% of the stake.
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