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In 2008, Precision acquired its US rival Grey Wolf Inc. for $2 billion, [9] a merger which expanded its rig count in the US, which it had largely left in 2005, over tenfold. [10] The acquisition led to financial difficulties which led to a $330M CAD investment by the Alberta Investment Management Corporation (AIMCo) in 2009, [ 11 ...
In May 2004, the company sold its worldwide land drilling assets to Precision Drilling for $316.5 million. [5] [6] In August 2004, one of the company's rigs sank in the Mediterranean Sea about 25 miles offshore Egypt after a fire broke out on the rig. [7] In June 2006, the company contracted with Saudi Aramco for 4 of its jackup rigs. [8]
Navitas Petroleum is a publicly traded oil and natural gas exploration and production partnership focused on North America. Navitas is listed on the Tel Aviv Stock Exchange (TICKER: NVPT.L) and is part of the Tel-Aviv 125 index, which includes the largest traded companies in Tel Aviv.
Oil & Gas Drilling Houston, Texas: view: 0001163739 NBTB: NBT Bancorp, Inc. ... WOLF was moved from the S&P 400 as it was more representative of the small cap market ...
Grant Prideco, Inc. is a supplier of drill pipe and drill stem accessories headquartered in Houston, Texas.Since 2008, it has been a subsidiary of energy services company NOV Inc. Grant Prideco was included on the Fortune magazine top 1000 largest corporations for several years in the mid-2000s [1] [2] and through the 1990s and early 2000s was the world's largest oilfield drill pipe supplier.
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]
Nabors Industries Limited is an American global oil and gas drilling contractor that has operated since 1972. Based in Houston, Texas, Nabors operates the world’s largest land drilling rig fleet, with around 500 rigs operating in over 25 countries – in almost every significant O&G basin on the planet. It also has the largest number of high ...
Helix Energy Solutions Inc., known as Cal Dive International prior to 2006, is an American oil and gas services company headquartered in Houston, Texas.The company is a global provider of offshore services in well intervention and ROV operations of new and existing oil and gas fields.