Rowan Companies

Rowan Companies is a major provider of global offshore contract drilling services with a leading position in high-specification jack-up rigs. The Company's fleet of jack-ups and ultra-deepwater drillships is located worldwide, including the North Sea, the Middle East, Southeast Asia, Trinidad and the U.S. Gulf of Mexico. The Company's stock is traded on the NYSE under the symbol “RDC.”
Address: 2800 Post Oak Blvd.
Suite 5450
Houston, TX 77056
Contact: (713) 621-7800

Recent Articles

Rowan Lays Off Another 50 Offshore Workers
Monday, June 26, 2017 Just weeks after announcing it was laying off 150 offshore workers, Rowan Cos. has said it will let another 50 workers go in August.
Rowan to Lay Off 150 Offshore Workers
Wednesday, May 31, 2017 Rowan Companies will reduce its workforce after a contract on one of its drilling rigs is terminated.
Rowan Idles Rig, Will Lay Off Up To 110 Workers
Monday, November 28, 2016 Rowan will lay off up to 110 workers after it loses a contract on one of its rigs offshore the Gulf of Mexico.
Rowan, Saudi Aramco Tie Up For Offshore Drilling In Saudi Arabia
Monday, November 21, 2016 Rowan Companies Plc says it and Saudi Aramco, Saudi Arabia's state oil company, have agreed to form an equally owned joint venture to operate offshore drilling rigs in the country.
Trade Group Oil & Gas UK Makes 4 Board Appointments
Tuesday, October 04, 2016 Trade association Oil & Gas UK appoints executives from Apache, Premier Oil, Repsol Sinopec and Rowan Companies to its board.
Moody's Downgrades Offshore Drillers, Including Ensco, Transocean
Tuesday, March 01, 2016 Offshore drilling contractors likely to struggle through at least 2018, Moody's Investors Service says in a new report.
New Rigs Help Rowan Beat Profit Estimates
Wednesday, August 05, 2015 Rig operator Rowan reports a higher-than-expected quarterly profit thanks to new ultra-deepwater rigs and lower prices.
Driller Rowan's Profit Beats On Deployment Of 3 New Rigs
Wednesday, May 06, 2015 Driller Rowan reports higher-than-expected quarterly profit and revenue, helped by the deployment of three new ultra-deepwater rigs.
Driller Rowan Writes Down Assets By $438.4M In 4Q
Friday, February 27, 2015 Rowan writes down the value of 12 of its oldest jackups by $438.4M, joining rival Transocean Ltd in recording big asset impairment charges.
Saudi Aramco Extends Contracts with Rowan for 3 Jackups to Work in ME
Friday, April 25, 2014 Saudi Aramco extends contracts with Rowan for three jackups operating in the Persian Gulf for another year and at a higher day rate.
PSA Cites Rowan, Statoil for Violations
Wednesday, December 18, 2013 Norway's Petroleum Safety Authority issues orders for Rowan and Statoil following audits of their offshore rigs offshore Norway.
Rowan Profit Jumps as Offshore Rig Rates Rise
Tuesday, August 06, 2013 Rowan Companies reports a 63 percent jump in quarterly profit as the rates paid for its rigs improved.
Relief Well Planned to Help Plug Ruptured Gas Well in US Gulf
Tuesday, July 30, 2013 Crews expect to start drilling a relief well to help permanently plug a ruptured shallow-water natural gas well off the coast of Louisiana in the Gulf of Mexico, a US regulator says.
Rowan Inks Contract for Second Newbuild Ultra-Deepwater Rig
Thursday, June 20, 2013 Anadarko Petroleum awards contract for Rowan's ultra-deepwater drillship Rowan Resolute, which is under construction in South Korea.
Xcite Energy Cancels Rowan Rig
Friday, May 31, 2013 Xcite Energy is in discussions with alternative rig suppliers for the Bentley field development program after canceling a rig with Rowan Companies Inc.
Rowan Names New President
Friday, March 08, 2013 Rowan announces that Thomas P. Burke has been promoted to President.
Rowan to Add Fourth Ultra-Deepwater Drillship to Fleet
Monday, September 10, 2012 Rowan Companies plc will add a fourth ultra-deepwater drillship to its fleet to meet growing customer demand for ultra-deepwater rigs.
Rowan Welcomes New Executive VP
Tuesday, July 31, 2012 Rowan announces that J. Kevin Bartol has been appointed to serve as the Company's Executive Vice President, Finance and Corporate Development.
MTNW Completes Winch Retrofit on 2 Rowan Jackups
Tuesday, March 13, 2012 Measurement Technology NW completes installation and commissioning of winch control systems for 2 Rowan jackup rigs.
Rowan Plans to Change Domicile to UK
Tuesday, February 28, 2012 Rowan plans to relocate its domicile to the U.K. from the U.S. and change its name to Rowan Cos. PLC, according to a filing with the Securities and Exchange Commission.