Atwood Oceanics

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Atwood Oceanics, Inc.
Public company
Traded as NYSEATW
S&P 600 Component
Industry Petroleum industry
Founded 1968
Headquarters Houston, Texas
Key people
George S. Dotson, Chairman
Rob Saltiel (CEO)[1]
Products Offshore drilling
Revenue Increase US$1.395 billion (FY 2015)[1]
Increase US$531 million (FY 2015)[1]
Increase US$432 million (FY 2015)[1]
Total assets Increase US$4.809 billion (FY 2015)[1]
Total equity Increase US$2.947 billion (FY 2015)[1]
Number of employees
1,868 (2015)[1]
Website Atwood

Atwood Oceanics, Inc. is an offshore drilling contractor headquartered in Houston, Texas.

History[edit]

The company was founded in 1968 by John Atwood.[2]

Atwood Oceanics began operation by 1970. In 1972, the company went public.[1]

Current Operations[edit]

The company owns and operates 4 ultra-deepwater drillships (including 2 under construction), 2 ultra-deepwater semisubmersibles (can drill in water up to 12,000' deep), 2 deepwater semisubmersibles, and 5 high-specification jackup rigs.[3]

The company provides quarterly online updates on the status of each rig in its fleet.[4]

In fiscal 2015, 5 customers accounted for a total of 63% of revenues: Noble Energy, Royal Dutch Shell, Woodside Petroleum, Chevron Corporation, and Kosmos Energy.[1]

In fiscal 2015, the company derived 76% of its revenue from its 6 deepwater drillships and semisubmersibles.[1]

In fiscal 2015, 71% of the company's revenues were derived outside of the United States. The company derived more of its revenues in Australia than in any other country. [1]

References[edit]

External links[edit]