| Industry | Petroleum industry |
|---|---|
| Founded | 1996; 29 years ago (1996) |
| Defunct | December 5, 2018; 6 years ago (2018-12-05) |
| Fate | Acquired byTransocean |
| Headquarters | Athens,Greece |
Key people | Pankaj Khanna (President & CEO) |
| Services | Offshore drilling Well drilling Oil platforms |
Ocean Rig UDW Inc. was an operator ofsemi-submersibleoil platforms and underwaterdrillships and was based inAthens. In 2018, the company was acquired byTransocean.
The company owned 2 semi-submersibles and 4 ultra deepwater drillships.
The company was majority owned byDryShips, controlled byGeorge Economou.
The company was established in 1996 as Ocean Rig ASA.[1]
Between 1997 and 2008, the company was listed on theOslo Stock Exchange.
In 2010, shares in the company were spun off byDryShips and the company was listed onNASDAQ.[2]
In 2011, theLeiv Eirikson finished operations theBlack Sea on contract toPetrobras andTPAO and went to the Arctic on contract toCairn Energy.[3]
In March 2017, the company filedbankruptcy in the United States.[4] The reorganization was completed in September 2017.[5][6]
Effective January 1, 2018, Pankaj Khanna became President & CEO of the company.[7]
In December 2018, the company was acquired byTransocean.[8]
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