Atwood Oceanics
| File:Atwood Oceanics logo.svg | |
| Industry | Petroleum industry |
|---|---|
| Founded | 1968 |
| Defunct | Template:End date and age |
| Fate | Purchased by Ensco plc |
| Headquarters | Houston, Texas |
| Products | Offshore drilling |
| Revenue |  $1.395 billion (FY 2015) |
| $531 million (FY 2015) | |
| $432 million (FY 2015) | |
| Total assets | $4.809 billion (FY 2015) |
| Total equity | $2.947 billion (FY 2015) |
Number of employees | 1,868 (2015) |
Atwood Oceanics, Inc. was a Houston, Texas–based company specializing in offshore drilling. In October 2017, it was acquired by Ensco plc.[1]
The firm managed a fleet comprising four ultra-deepwater drillships, two ultra-deepwater semisubmersibles capable of operations in depths up to 12,000 feet, two deepwater semisubmersibles, and five advanced jackup rigs.[2]
During the fiscal year 2015, five major clients—Noble Energy, Royal Dutch Shell, Woodside Petroleum, Chevron Corporation, and Kosmos Energy—represented 63% of the company's total revenue.[2]
In the same period, 76% of income was derived from the six deepwater drillships and semisubmersibles,[2] while 71% originated from international markets outside the United States, with Australia serving as the primary overseas market.[2]
History
Established in 1968 by John Atwood,[3] Atwood Oceanics commenced operations by 1970 and went public two years later in 1972.[2]
In October 2017, Ensco plc (currently known as Valaris Limited) finalized its acquisition of Atwood Oceanics.[1]