Ensco Appoints Rowsey as Non Executive Chairman
Ensco plc announced today that Paul Rowsey has been named Non-Executive Chairman of the Board following Dan Rabun’s planned retirement on 18 May 2015 concurrent with the annual general meeting of shareholders. Mr. Rowsey has been a member of Ensco’s Board of Directors since 2000. He most recently served as Lead Director and remains Chairman of the Nominating and Governance Committee. Mr. Rowsey said, “I am honored to have been selected by the Board to serve in my new role as Non-Executive Chairman. We thank Dan for his dedicated leadership over many years and we wish him
Enso Report Record Earnings, Revenues in Q3 2013
Record Revenues Totaling $1.3 Billion Record Earnings of $379 Million Earnings Per Share Grew 9% $11 Billion of Contracted Revenue Backlog ENSCO DS-7 Ultra-Deepwater Drillship and ENSCO 120 Ultra-Premium Jackup Delivered Chairman, President and Chief Executive Officer Dan Rabun stated, “During the third quarter, we accepted delivery of two more rigs that will commence multi-year contracts later this year - - ENSCO DS-7, an ultra-deepwater drillship, and ENSCO 120, an ultra-premium harsh environment jackup. These newbuild rigs plus six more under construction will
Ultra-deepwater Drillship Delivered to Ensco
Korea to Angola, where it is contracted to Total for three years beginning in the fourth quarter at an initial day rate in the mid $610,000's. ENSCO DS-7 is the third Ensco rig contracted to Total and will be the fourth Ensco rig working in West Africa. Chairman, President and Chief Executive Office Dan Rabun said, “The West Africa deepwater market continues to be an exciting exploration area and we are pleased to expand our presence in this region with our newest drillship.” The new drillship is the fifth of eight rigs in the Company’s ultra-deepwater DP3 drillship series, which
Deepwater Market Surge Spurs Ensco Drillship Order
;s fleet standardization strategy. It will be built at the Samsung Heavy Industries, Co. Ltd. (SHI) shipyard in South Korea, with delivery scheduled for the third quarter of 2015. The agreement includes an option for an additional drillship of the same design. Ensco Chairman, President and CEO Dan Rabun said, “We continue to see very strong demand for rigs in existing deepwater markets, along with growing demand from emerging exploration areas. Operators are also showing high interest in this iteration of the Samsung DP3 drillship, due to its advanced design and capabilities that improve
February 2024
