In 1999, Transocean merged with Sedco Forex, the offshore drilling subsidiary of Schlumberger in a $3.2 billion stock transaction in which Schlumberger shareholders received shares of Transocean. Schlumberger spun off Sedco Forex, which merged with Transocean Offshore Inc. to become the world’s largest offshore drilling contractor: Transocean Sedco Forex. 2000s Three of the largest mergers in the company's history occurred in the 2000s. Transocean Sedco Forex Inc. is the world ’ s largest offshore drilling company and the fourth largest oilfield service company overall. Officially a Cayman Islands corporation, it operates out of Houston, Texas, with more than 16,000 employees located around the globe. In a separate meeting, Schlumberger stockholders approved the proposal to spin off the capital stock of Sedco Forex, on a one-for-one basis, to Schlumberger stockholders. The spin-off will take Schlumberger Ltd., Paris, has agreed to spin off its offshore contract drilling unit, Sedco Forex Offshore, in order to unite it with Transocean Offshore Inc., Houston. The merger will create the The newbuild Sedco Express-classsemisubmersibles and Enterprise-class drillships, as well as the upgraded Transocean Marianasand the Sedco 600series of rigs have made major strides toward setting new industry standards for deepwater drilling.
Assignees: Transocean Sedco Forex Ventures Limited, Aspin Kemp & Associates Holding Corp. Inventors: Edward P. K. Bourgeau, Jason Aspin Redundant or combination traversing and RHC systems for derrick structures The Sedco Express is an ultra-deepwater, semi-submersible drilling rig built in 2000, and is already within close proximity of the Oyo Field in OML 120. The Company’s other rig, the drillship Energy Searcher, will continue the plugging and abandonment operations on the Oyo-5 and Oyo-6 wells. About The Rigs Website The merger pairs Sedco Forex's 44 offshore drilling rigs with Transocean Offshore's 31 rigs, for combined operations in the North Sea, the Gulf of Mexico, Southeast Asia, West Africa and Brazil. On SEDCO FOREX INTERNATIONAL INC. is located in Perth, WESTERN AUSTRALIA, Australia and is part of the Oil & Gas Well Drilling Industry. SEDCO FOREX INTERNATIONAL INC. has 22 total employees across all of its locations.
Transocean Sedco Forex Inc. is the world's largest offshore drilling company and the fourth largest oilfield service company overall. Officially a Cayman Islands Jul 19, 1999 The merger will create the world`s largest offshore drilling company, to be called Transocean Sedco Forex. The firm is projected to be the fourth Jul 13, 1999 Schlumberger to Own 52%. Schlumberger shareholders will receive about one Transocean Sedco Forex share for every five Schlumberger Business On December 31, 1999, Transocean Sedco Forex Inc. (together with its subsidiaries and predecessors, unless the context requires otherwise, the PT Transocean Indonesia. Indonesia Sedco Forex International Drilling, Inc. Panama Sedco Forex Offshore International N.V. (Limited). Netherlands Antilles. Offshore drillers to merge. July 12, 1999: 10:35 a.m. ET Schlumberger to spin off Sedco Forex unit, merge it with Transocean Offshore Sedco Forex International Inc. provides offshore drilling services. The Company offers oil products and natural gas through its field operations. Sedco Forex
2000-08-21
Rapport global sur Transocean Sedco Forex Inc. Global social, financial and environmental data, advertising and influence. (The name was simplified to Transocean in 2003.) Sedco Forex had been formed from a merger of two drilling companies, the Southeastern Drilling Company (Sedco), founded in 1947 by Bill Clements and acquired by Schlumberger in 1985 for $1 billion, and French drilling company Forages et Exploitations Pétrolières (Forex) founded in 1942 in High, Low Transocean Sedco Forex Inc Nt and Close. The high is the highest point ever reached by the market during the contract period. The low is the lowest point ever reached by the market during the contract period. The close is the latest tick at or before Transocean Sedco Forex Inc Nt the end . If you selected a specific end , the end is Transocean, SEDCO Forex. May 2012 – Present 8 years 6 months. Deepwater Frontier. Crew up Deepwater Champion. Construction and commissioning of Deepwater Champion Support Deepwater Champion Transocean Sedco Energy spudded Nnwa-2 last July in 1,191 metres of water. Drilled to a planned depth of 4,984 metres, the well encountered hydrocarbons in several reservoir levels. Nnwa-2 lies 180 kilometres south-west of Port Harcourt, 6.5 kilometres north-west of the Nnwa discovery well and 10.4 kilometres north-west of Doro-1. Transocean Sedco Forex Inc., announced that W. Dennis Heagney, executive vice president and chief operating officer, will retire from the company in June 2002, after 33 years of service.