In 2010, shares in the company were spun off by DryShips and the company was listed on NASDAQ.[2]
In 2011, the Leiv Eirikson finished operations the Black Sea on contract to Petrobras and TPAO and went to the Arctic on contract to Cairn Energy.[3]
In March 2017, the company filed bankruptcy in the United States.[4] The reorganization was completed in September 2017.[5][6]
Effective January 1, 2018, Pankaj Khanna became President & CEO of the company.[7]
In December 2018, the company was acquired by Transocean.[8]
Referencesedit
^"DRILLING MARKET FOCUS: INDUSTRY INVESTS RECORD SUMS IN RIGS, DRILLING CAMPAIGNS". Oil & Gas Journal. June 9, 2008.
^"DryShips Announces Partial Spin Off of Ocean Rig UDW Inc". Business Wire. August 4, 2011.
^Vidal, John (April 22, 2011). "Activists occupy oil rig in fight to prevent Arctic drilling". The Guardian.
^Benny, John; Rucinski, Tracy (March 28, 2017). "Rig contractor Ocean RIG files for bankruptcy protection in U.S". Reuters.
^Brickley, Peg (September 22, 2017). "Ocean Rig Implements Debt-for-Equity Restructuring". The Wall Street Journal.
^"Ocean Rig UDW Inc. Announces the Completion of Its Restructuring and the Occurrence of the Restructuring Effective Date". Business Wire. September 22, 2017.
^"Ocean Rig UDW Inc. Announces Management Changes". Business Wire. December 29, 2017.
ocean, operator, semi, submersible, platforms, underwater, drillships, based, athens, 2018, company, acquired, transocean, industrypetroleum, industryfounded1996, years, 1996, defunctdecember, 2018, years, 2018, fateacquired, transoceanheadquartersathens, gree. Ocean Rig UDW Inc was an operator of semi submersible oil platforms and underwater drillships and was based in Athens In 2018 the company was acquired by Transocean Ocean Rig UDW Inc IndustryPetroleum industryFounded1996 28 years ago 1996 DefunctDecember 5 2018 5 years ago 2018 12 05 FateAcquired by TransoceanHeadquartersAthens GreeceKey peoplePankaj Khanna President amp CEO ServicesOffshore drillingWell drillingOil platformsThe company owned 2 semi submersibles and 4 ultra deepwater drillships The company was majority owned by DryShips controlled by George Economou History editThe company was established in 1996 as Ocean Rig ASA 1 Between 1997 and 2008 the company was listed on the Oslo Stock Exchange In 2010 shares in the company were spun off by DryShips and the company was listed on NASDAQ 2 In 2011 the Leiv Eirikson finished operations the Black Sea on contract to Petrobras and TPAO and went to the Arctic on contract to Cairn Energy 3 In March 2017 the company filed bankruptcy in the United States 4 The reorganization was completed in September 2017 5 6 Effective January 1 2018 Pankaj Khanna became President amp CEO of the company 7 In December 2018 the company was acquired by Transocean 8 References edit DRILLING MARKET FOCUS INDUSTRY INVESTS RECORD SUMS IN RIGS DRILLING CAMPAIGNS Oil amp Gas Journal June 9 2008 DryShips Announces Partial Spin Off of Ocean Rig UDW Inc Business Wire August 4 2011 Vidal John April 22 2011 Activists occupy oil rig in fight to prevent Arctic drilling The Guardian Benny John Rucinski Tracy March 28 2017 Rig contractor Ocean RIG files for bankruptcy protection in U S Reuters Brickley Peg September 22 2017 Ocean Rig Implements Debt for Equity Restructuring The Wall Street Journal Ocean Rig UDW Inc Announces the Completion of Its Restructuring and the Occurrence of the Restructuring Effective Date Business Wire September 22 2017 Ocean Rig UDW Inc Announces Management Changes Business Wire December 29 2017 Blum Jordan December 5 2018 Transocean closes Ocean Rig acquisition Houston Chronicle External links edit nbsp Norway portal nbsp Energy portal nbsp This article about a natural gas or petroleum related company is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Ocean Rig amp oldid 1161461149, wikipedia, wiki, book, books, library,
