The resulting company, Transocean Sedco Forex Inc. In the merger, approximately The number of new shares issued is equivalent to 0.

Schlumberger has no ownership interest in Transocean Sedco Forex. Shares of the company begin trading on the New York Stock Exchange under the trading symbol "RIG. Grijalva, appointed Chairman of the Board of Transocean Sedco Forex, stated, "The offshore drilling industry now has a unique and powerful leader, capable of offering comprehensive drilling services throughout the world.

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Transocean Sedco Forex possesses critical mass in all seven major operating regions of the world, allowing it to create additional offshore drilling efficiencies that should benefit our global customer base. Schlumberger Limited and Transocean Offshore Inc. The resulting company, Transocean Sedco Forex, will be the world's largest offshore drilling company and is projected to become the fourth largest oilfield service company in terms of market capitalization.

Houghton Offshore has entered into a five-year contract with Transocean Sedco Forex for the supply of the following fluids for Transocean Sedco Forex's global fleet of mobile offshore drilling units: The new contract follows Transocean's recent world record for the deepest well drilled to date using Houghton's Stack Magic blowout preventor fluid BOP.

TRANSOCEAN SEDCO-FOREX | Rigzone

Transocean Sedco Forex Inc. At its extraordinary general meeting held Dec. Shareholders approved an increase in authorized ordinary share capital, the issuance of ordinary shares in the merger, anincrease in the maximum size of the company's board of directors to 13 persons and an increase.

Singapore's Promet Private Ltd. The rig, Cajun Express, was designed by Sedco Forex. The rig will be delivered to TSF in March and used by Marathon Oil for drilling in the Gulf of Mexico. TDI-Halter, a Halter Marine Group, Inc. Measuring x 75 x 15 ft. Moody's Investors Service upgraded the senior unsecured debt ratings of Transocean Offshore, Inc. The rating action ends a review of Transocean's ratings initiated on July 12 in response to the company's announcement that it had signed a definitive agreement under which Sedco, the offshore contract drilling business of Schlumberger Limited.

Dennis Heagney, executive vice president and chief operating officer, will retire from the company in June , after 33 years of service.

Heagney began his career in with The Offshore Company, a predecessor of Transocean Sedco Forex and has worked in a variety of operating and marketing roles in both the United States and International locations.

The board of directors has appointed Robert L. Long as president of Transocean Sedco Forex Inc. Transocean Ltd today issued a monthly Fleet Update Summary, which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since the February 17, Fleet Update Summary.

Swiss driller Transocean Ltd. GSF Aleutian Key and Sedco The rigs are classified as held for sale.

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As a result of this decision. Reports Fourth Quarter And Full Year Results: Sterling suffered a record plunge.

Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors. Estimated out-of-service time increased by a net 76 days primarily due to work to be performed on the Sedco Forecasted out-of-service time for is also.

Yangzijiang Shipbuilding Holdings Ltd. Citing a company statement to the Singapore Stock Exchange. Transocean's latest comprehensive Fleet Status Report provides the current status and contract information for the company's entire fleet of offshore drilling rigs.

Hurricane Energy plc announced that the Lancaster horizontal appraisal well was spudded at The Company is using the Transocean Sedco semi-submersible drilling rig for the operation which is intended to drill and test the Lancaster basement oil. The new entity, Caledonia Offshore Drilling Company Caledonia is expected to be established during the second half of The total value of new contracts since the April Diversified Singapore-based containership owners Samudra Group reports registered revenue of USD The total value of new contracts since the July The total value of new contracts since the October Russia's rouble and shares hit new lows on Friday as oil prices collapsed after OPEC decided to leave its output unchanged despite heavy oversupply.

At GMT, the rouble was around 2. Sedco Forex Transocean Sedco Forex Merger Establishes World's Largest Offshore Driller Transocean Offshore Inc. The resulting company, Transocean Sedco Forex, will be the world's largest offshore drilling company and is projected to become the fourth largest oilfield service company in terms of market capitalization Houghton Offshore Awarded Five-Year Contract Houghton Offshore has entered into a five-year contract with Transocean Sedco Forex for the supply of the following fluids for Transocean Sedco Forex's global fleet of mobile offshore drilling units: Shareholders approved an increase in authorized ordinary share capital, the issuance of ordinary shares in the merger, anincrease in the maximum size of the company's board of directors to 13 persons and an increase Transocean Sedco Forex Inc.

TDI-Halter Delivers Drilling Barge To Sedco Forex TDI-Halter, a Halter Marine Group, Inc. As a result of this decision Transocean 4Q Revenue Up Transocean Ltd.

Forecasted out-of-service time for is also China Shipbuilder Hit by Forex Losses on Contracts Yangzijiang Shipbuilding Holdings Ltd.

Citing a company statement to the Singapore Stock Exchange Latest Transocean Offshore Rig Status Report Transocean's latest comprehensive Fleet Status Report provides the current status and contract information for the company's entire fleet of offshore drilling rigs. The Company is using the Transocean Sedco semi-submersible drilling rig for the operation which is intended to drill and test the Lancaster basement oil Transocean to Create New Offshore Drilling Company Transocean Ltd.

Transocean Provides Fleet Update Summary Transocean Ltd. The total value of new contracts since the April 17 Samudra Containership Rationalisation Hits Revenues Diversified Singapore-based containership owners Samudra Group reports registered revenue of USD