Sedco forex holdings limited
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Therefore, the Court must determine whether a remedy in China exists. Transocean I AS. Transocean Support Services Limited. Letters View Recent Letters We want to hear from you, share your experience, insight, or opinion. Unlimited Access. Muuvment Ltd.
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Sedco Forex Offshore International NV, Curaçao
Transocean started in the s as a whaling company and expanded through a series of mergers. The new company was called Transocean Offshore. The new company began building massive drilling operations with drills capable of going to 10, feet as opposed to 3, feet at the time and operating two drill operations on the same ship.
The Enterprise class drillship is the largest of the drilling ships.
The new company was renamed Transocean Sedco Forex. The name was simplified to Transocean in Schlumberger first got a foothold in the company in and then assumed total control in , and renamed it Forex Neptune Drilling Company.
Transocean
In , Discoverer Spirit set a world record for the deepest offshore oil and gas well of 34, ft 10, m. The case alleged that Transocean paid bribes through its freight forwarding agents to Nigerian customs officials. The merger was completed on 27 November As part of the move, Robert E. In October , the company board approved the move to Switzerland. On 9 December , the shareholders approved the move to Switzerland.
On 19 December , the company completed the process of changing its place of incorporation from the Cayman Islands to Switzerland. In September , its Deepwater Horizon rig established a 35, ft 10, m well, the deepest well in history — more than 5, feet deeper than its stated design specification. Over the years, Transocean has moved its incorporation location to take advantage of lower taxes in some jurisdictions.
Transocean Ltd.
Transocean was originally incorporated in the US state ofDelaware, but moved its corporate registration to the Cayman Islands in In , it moved its registration to the canton of Zug, Switzerland, where it is currently incorporated. Only 12 of its employees work in the Zug office, according to a company spokesperson. The registration move allowed Transocean to lower its corporate income tax rate from 35 percent in the US to 16 percent in Zug. Baker Hughes, Inc. It also provides industri Cameron International Corp.
Transocean Sedco Forex is a leading international provider of deepwater and harsh environment contract drilling services for oil and gas wells. The company's. Bahamas Transocean Drilling GmbH Germany Sedco Forex Holdings Limited British Virgin Islands Sedco Forex International, Inc. Panama Cariba Ships.
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