Pride International

Pride International, Inc.
Public
Industry Offshore drilling
Fate Acquired by Ensco plc
Defunct May 31, 2011 (2011-05-31)
Headquarters Houston, Texas, United States
Revenue Increase US$ 2.3 billion (2008)
Increase US$ billion (2008)
Number of employees
 Over 7000 (2008)

Pride International, Inc. was an offshore oil drilling company headquartered in Houston, Texas, the United States. With over 7000 employees, Pride provided contract drilling and related services to oil and gas companies worldwide. It had positioned its fleet to operate offshore with more than 50 units in five continents. Its largest operations included those in Angola, Brazil, India, Mexico and Saudi Arabia.[1] Pride spun off its mat jackups as a public company called Seahawk Drilling in August 2009, so the company's focus is primarily deep-water drilling along with some high-spec jackups.

Effective from 31 May 2011, Pride International was acquired by Ensco plc.[2]

References

  1. ↑ Pride International Annual Report (www.prideinternational.com)
  2. ↑ Marriott, Lee (2011-05-31). "Ensco PLC becomes second largest offshore drilling firm following $7.3 billion Pride International acquisition". Companiesandmarkets.com. Vertical Edge Limited. Retrieved 2011-08-26.
This article is issued from Wikipedia - version of the 8/27/2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.