its oil rigs in the Gulf of Mexico that was leased. Telephone: (713) 232-7500, fax: (713). Friede Goldman Halter, Inc. It is operating from a 360,000. Shareholders of GlobalSantaFe Corporation received 15 billion of cash as well as stock in the new company for their shares. North American operations in 1985. Forex had gained complete control of Neptune by 1972, when Schlumberger bought the remaining interest in Forex. Ten years later it expanded its range of operations to southeast Asia, where it drilled its first deepwater well.
Announced today that its shareholders on December 10 approved proposals relating to the merger. Transocean, offshore and, sedco Forex, the offshore contract drilling. Transocean Sedco Forex, inc.
It was created when the pipeline company Southern Natural Gas. Heagney began his career in 1969 with The Offshore Company, a predecessor. It called for an exchange of stock valued at approximately.2 billion. The deal became effective in September 1996, and Sonat Offshore changed its name to Transocean Offshore. Many service companies went bankrupt or were swallowed up by stronger rivals.
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