Keyword: Pride International

News

Vote On $7 Billion Ensco/Pride Deal Set For End Of May

27.04.2011 - Shareholders of offshore drilling contractors Ensco and Pride International will vote on May 31 on the proposed acquisition of Pride by Ensco for more than $7 billion. The deal...

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Noble In $1.2 Billion Ultra-Deepwater Rig Contract

20.01.2011 - Noble Corp said Hyundai Heavy Industries will build two ultra-deepwater drillships for the world's second largest offshore drilling contractor by fleet size for about $1.21 billion...

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Samsung Heavy Industries, Pride International To Build Ultra-Deepwater Rig

15.12.2010 - Offshore driller Pride International said South Korea's Samsung Heavy Industries will build its fifth ultra-deepwater rig at about $600 million, signaling a gradual recovery of the...

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Oil Spill Should Accelerate Offshore Driller Deals

01.07.2010 - The U.S. has suddenly become a much riskier place for oil drillers to operate, a consequence of the Gulf of Mexico oil spill that could spark a deal making binge. The offshore oil...

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Few Seen Dodging Market Mauling Of Drilling Stocks

02.06.2010 - A market mauling of oil and gas drilling-exposed stocks due to the Gulf of Mexico's persistent leak and resulting deepwater drilling moratorium has left only a few safe bets to...