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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]
Global Marine Group is a British-headquartered specialist provider of installation, maintenance and repairs of submarine communications cable for the telecommunications, oil & gas and deep sea research industries. To this end, they operate their own a fleet of vessels, ROVs and specialised subsea trenching and burial equipment.
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]
In August 2018, Brunswick Corporation acquired Power Products – Global Marine & Mobile business, which includes the global marine, specialty vehicle, mobile, industrial power, and transportation aftermarket products businesses of Power Products, for $910 million in cash from San Francisco-based private equity firm Genstar Capital.
Global trends in the state of world marine fish stocks as reported by FAO 1974-2015 Fish stocks are subpopulations of a particular species of fish , for which intrinsic parameters (growth, recruitment, mortality and fishing mortality) are traditionally regarded as the significant factors determining the stock's population dynamics , while ...
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
Dow Jones Transportation Average 2015-2025. The Dow Jones Transportation Average, (DJTA, also called the "Dow Jones Transports"), index ticker symbol DJT [1] is a U.S. stock market index from S&P Dow Jones Indices of the transportation sector, and is the most widely recognized gauge of the American transportation sector.
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]