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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]
On 16 July 2002, G-BJVX, a Sikorsky S-76A helicopter operated by Norwich-based Bristow Helicopters, crashed into the southern North Sea while it was making a ten-minute flight between the gas production platform Clipper and the drilling rig Global Santa Fe Monarch, after which it was to return to Norwich Airport. The 22-year-old helicopter was ...
In 2019, the global oilfield services market was US $ 267.8 billion. [2] List ... Diamond Offshore Drilling; DOF Subsea; Engineers India; ESG Solutions; Eversource ...
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
Apr. 12—The state wants a Santa Fe judge to dismiss a major lawsuit that alleges oil and gas production and pollution allowed by New Mexico violates the Constitution. Arguments to allow the ...
The company is ranked 625th on the Fortune 500 [3] and 1860th on the Forbes Global 2000. [ 4 ] As of December 31, 2020, the company had 714.9 million barrels of oil equivalent (4.374 × 10 9 GJ) of estimated proved reserves, of which 51% was petroleum , 42% was natural gas , and 7% was natural gas liquids .
S&P 500 constituent Air Products and Chemicals Inc. (NYSE: APD) is spinning off Versum Materials. Air Products and Chemicals will remain in the S&P 500 post spin-off. [241] September 30, 2016: DO: Diamond Offshore Drilling: PLCM: Polycom: Siris Capital Group acquired Polycom. Coty, Inc. replaces Diamond Offshore in the S&P 500 index. [242 ...