Atwood Oceanics

Atwood Oceanics Inc

Type	Public
Traded as	NYSE: ATW
Industry	Energy
Founded	1968
Headquarters	Houston, Texas, USA
Key people	George S Dotson (Chairman of the Board of Directors), Rob Saltiel (CEO)
Products	Offshore Drilling
Revenue	US$1.395 billion (FY 2015)^[1]
Operating income	US$531 million (FY 2015)^[1]
Net income	US$432 million (FY 2015)^[1]
Total assets	US$4.809 billion (FY 2015)^[1]
Total equity	US$2.947 billion (FY 2015)^[1]
Number of employees	1,868 ^[2]
Website	Atwood

Atwood Oceanics, Inc. is a multinational offshore oil and gas well drilling company headquartered in Houston, Texas.

Its common stock is traded on the New York Stock Exchange under the symbol "ATW".

History

Organized in 1968, Atwood Oceanics began operation by 1970. In 1972, the company went public.

Current Operations

The Atwood Group has conducted drilling operations in the Red Sea, Persian Gulf, Black Sea, Australia, East and West Africa, Southeast Asia, Mediterranean Sea, China, Far East, Papua New Guinea, India, Central and South America and the U.S. Gulf of Mexico. It also operates from Australia, Malaysia, Malta, Indonesia, Egypt and the United Kingdom.

Rig fleet

The company owns and operates 4 ultra-deepwater drillships (including 2 under construction), 2 ultra-deepwater semisubmersibles, 2 deepwater semisubmersibles, and 5 high-specification jackups.^[3]

Atwood Oceanics owns 4 ultra-deepwater dynamically positioned drillships, which can drill in water up to 12,000':

The Atwood Advantage,^[4] stationed in the Gulf of Mexico through August 2017 ^[5]
The Atwood Achiever,^[6] stationed in Mauritania / Senegal through August 2017.^[5]
The Atwood Admiral,^[7] under construction in South Korea and expected to be delivered in September 2017.^[5]
The Atwood Archer,^[8] under construction in South Korea and expected to be delivered in June 2018.^[5]

Atwood Oceanics also owns 5 jackup rigs:

The Atwood Aurora^[9]
The Atwood Beacon^[10]
The Atwood Mako^[11]
The Atwood Manta^[12]
The Atwood Orca^[13]

Atwood Oceanics also owns 2 deepwater semisubmersable rigs:

The Atwood Eagle^[14]
The Atwood Falcon^[15]

Corporate Governance

Atwood is governed by an eight-member Board of Directors, which includes Deborah A. Beck, George S. Dotson, Jack E. Golden, Hans Helmerich, Jeffrey A. Miller, James R. Montague, Robert J. Saltiel, and Phil D. Wedemeyer.^[16]

References

External links

This article is issued from Wikipedia - version of the Friday, February 12, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.