Ensco to cut jobs after merger
Ensco confirmed plans to shed close to 80 jobs after its $850million takeover of Atwood Oceanics.
Ensco
Lenders give Ensco extra backing ahead of Atwood takeover
Ensco said today that it had agreed an extension on a credit facility to support the company once it takes over rival drilling contractor Atwood Oceanics.
Ensco leads way as offshore drilling bottoms out
The struggling offshore energy sector may have finally bottomed out, analysts said, with Ensco leading the rebound by winning several new West African drilling contracts.
Ensco wins drilling contracts with three supermajors
UK driller Ensco has been awarded three drillship contracts offshore west Africa.
Bid to create jack-up rig giant takes step forward
The bid to set up the world's largest jack-up rig operator took another step forward yesterday.
Ensco snaps up Houston’s Atwood Oceanics for $850m
Ensco said it will buy Houston’s Atwood Oceanics for about $850 million in a pairing of struggling deepwater drillers.
Ensco agrees deal to buy Atwood Oceanics
UK offshore driller Ensco has entered in to an agreement to merge with US firm Atwood Oceanics, in a deal which will see them become the world’s largest jack-up operator.
Repsol Sinopec to begin plugging wells as Beatrice field prepares for decommissioning
A North Sea operator will soon start plugging and abandoning (P&A) wells on the Beatrice oil field as it prepares a wider decommissioning programme.
Ensco wins new drilling contracts
Ensco has won several new drilling contracts for its jack-up rigs.
Lamprell predicts lower than expected revenue on Ensco deduction
Lamprell has said it expects its full-year revenue to be slightly below analysts' estimates after being hit by a deduction of $25million from its final payment made by Ensco caused by late delivery of a rig.
Ensco sells number of drilling rigs for scrap value
Ensco said it has sold a number of drilling rigs for scrap value.
Seadrill stock rises on speculation of bailout
Offshore drilling firm Seadrill rose the most in more than seven years as investors covered short bets after the company’s main owner, billionaire John Fredriksen, freed up $510 million in cash, fueling speculation of a bailout.
Ensco rig contract ended over allegations of corruption
Ensco said it has ended a contract with Petrobras for a drillship over allegations of corruption. The rig contractor said the Brazilian company had chartered the DS-5 in 2008, when it was owned by Pride International.
Ensco in further job losses as onshore jobs hit
Ensco will reduce its onshore support jobs by a further 14% in a bid to streamline costs amid the continued decline in oil price. The offshore driller previously said earlier this year it had halved its onshore workforce by 50%.