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In 1953, the company was founded by Alden J. "Doc" Laborde, who also founded Tidewater, and John Hayward. Hayward was the builder of the Barnsdall rig and holder of the patent on submersible drilling barge methodology. Charles Murphy Jr. of Murphy Oil invested $500,000 in the company and assisted Laborde in finding additional investors. [1]
Ocean Ranger was a semi-submersible mobile offshore drilling unit that sank in Canadian waters on 15 February 1982. It was drilling an exploration well on the Grand Banks of Newfoundland, 267 kilometres (166 mi) east of St. John's, Newfoundland, for Mobil Oil of Canada, Ltd. (MOCAN) with 84 crew members on board when it sank.
In 1990 the oil drilling company proposed selling its entire fleet of offshore drilling rigs to focus solely on fishing. The company had not had a profitable quarter in more than five years. In 1990, Zapata Offshore sold 12 of its drilling rigs to Arethusa Offshore, which a few years later merged with Diamond Offshore. Still struggling with ...
The Deepwater Horizon oil spill began on April 20, 2010 when an explosion struck the rig, it occurred in the Gulf of Mexico on the BP-operated Macondo Prospect.Killing eleven people, it is considered the largest marine oil spill in the history of the petroleum industry and sources estimated that between 134–206 million barrels of oil was released into the gulf.
The Biden administration on Tuesday finalized tighter rules for complex devices meant to prevent catastrophic blowouts on offshore oil and gas drilling rigs, reversing some Trump administration ...
However, MacDonough warns Steve that he must discover oil within three months, or his company, due to huge investments made in an offshore oil lease, will put them both out of work. Several weeks later, Gambi meets and falls for Stella's younger sister Francesca, but, according to custom, she has been betrothed since childhood to Philippe Bayard.
In 1954, the company launched Rig 51, the first mobile jackup rig, in the Gulf of Mexico. In 1967, the Offshore Company went public. In 1978, SNG turned it into a wholly owned subsidiary. In 1982, it was changed to Sonat Offshore Drilling Inc., reflecting a change in its parent's name. William C. O'Malley, an executive at Sonat's headquarters ...
The Troll A platform is a Condeep gravity-based structure offshore natural gas platform in the Troll gas field off the west coast of Norway. Built from reinforced concrete , as of 2014 [update] , it was the tallest structure that has ever been moved to another position, relative to the surface of the Earth, and is among the largest and most ...