Latest GlobalSantaFe Corporation Stories

2014-07-30 16:25:11

HOUSTON, July 30, 2014 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today announced that the company has finalized a 2 1/2 year contract with Rosneft Oil Company, in conjunction with North Atlantic Drilling Ltd., for the provision of the jackup drilling rig Energy Endeavour. According to the agreement, any break rights expire after 100 days, after which the contract will commence in direct continuation upon the release of the rig by the current client. The company...

2014-06-05 16:21:02

HOUSTON, June 5, 2014 /PRNewswire/ -- Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, announced today that John Briscoe has been appointed to the position of Senior Vice President and Chief Financial Officer, effective June 9, 2014. John has an extensive background in senior financial leadership positions, most recently as Senior Vice President and Chief Financial Officer of Weatherford International Ltd from March 2012 to...

2014-05-23 12:22:23

HOUSTON, May 23, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE:PKD), an international provider of contract drilling and drilling-related services and rental tools to the energy industry, acquired a 1500 horsepower posted barge rig for its Gulf of Mexico drilling fleet in a transaction valued at approximately $12.25 million, using cash on hand. Built in 2011, the ready-to-work rig features drilling depth capacity of 18,000 feet, a top drive, three mud pumps, and living quarters...

2014-03-21 16:21:41

HOUSTON, March 21, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced it has contracted its barge drilling rig, Rig 55B. Featuring advanced equipment and performance enhancements, the rig is being introduced to the Company's fleet to bring additional capabilities to the Gulf of Mexico barge market. The rig has been contracted to Chevron U.S.A. Inc. for four wells with an expected term of 120 days at a dayrate of $50,300. The contract is expected to commence...

2014-01-15 16:21:31

HOUSTON, Jan. 15, 2014 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today announced that in follow up to the company's previous announcement on December 9, 2013, its subsidiary, Northern Offshore International Drilling Company Ltd., has executed a long-term drilling contract with an affiliate of CAMAC Energy Inc. (NYSE MKT: CAK), for the drillship Energy Searcher. The contract commits to an initial period of one year, with an option to extend the contact for an...

Word of the Day
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.