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The company was formed in 2001 by the merger of Global Marine and Santa Fe International Corporation. [2] In March 2003, the company temporarily suspended operations in Kuwait ahead of the Iraq War. [3] [4] In May 2004, the company sold its worldwide land drilling assets to Precision Drilling for $316.5 million. [5] [6]
In 2011, the company acquired Aker Drilling, which owned 4 harsh environment rigs used for drilling near Norway. [20] In 2012, the company sold 38 shallow water rigs and narrowed its focus on high-specification deepwater rigs. [21] In 2013, the company was added to the S&P 500 index. [22]
Global Marine, a drilling contractor which merged with Santa Fe International Corporation to form GlobalSantaFe Corporation. Now part of Transocean. Glomar Challenger, the drillship used for the Deep Sea Drilling Project; Glomar Explorer, a large salvage vessel built by the CIA
The drillship was designed, owned, and operated by Global Marine Incorporated (now Transocean) specifically for a long term contract with the American National Science Foundation and University of California Scripps Institution of Oceanography. It was built by Levingston Shipbuilding Company in Orange, Texas and launched on March 23, 1968. [3]
In 1961 Global Marine started a new drillship era. They ordered several self-propelled drillships each with a rated centerline drilling of 20,000 foot-wells in water depths of 600 feet. The first was named CUSS ( Glomar ) II , a 5,500-deadweight-ton vessel, costing around $4.5 million.
Global Marine Group is a British-headquartered specialist provider of installation, maintenance and repairs of submarine communications cable for the telecommunications, oil & gas and deep sea research industries. To this end, they operate their own a fleet of vessels, ROVs and specialised subsea trenching and burial equipment.
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The ship was built as Hughes Glomar Explorer in 1971 and 1972 by Sun Shipbuilding & Drydock Company for more than US$350 million (about $1.7 billion in 2023) at the direction of Howard Hughes for use by his company, Global Marine Development Inc. [5] It began operation on 20 June 1974.
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