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Rowan Companies PLC (RDC.N)

RDC.N on New York Stock Exchange

16.24USD
18 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Aro Drilling Awarded Six Three-Year Drilling Contracts From Saudi Aramco For Rowan Jack-Ups
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Rowan Companies PLC ::ARO DRILLING AWARDED SIX THREE-YEAR DRILLING CONTRACTS FROM SAUDI ARAMCO FOR ROWAN JACK-UPS.ROWAN COMPANIES PLC - ARO DRILLING AWARDED 6 THREE-YEAR CONTRACTS BY SAUDI ARAMCO FOR ROWAN JACK-UP RIGS CURRENTLY OPERATING IN SAUDI ARABIA.ROWAN COMPANIES PLC - NEW CONTRACTS WILL COMMENCE UPON COMPLETION OF RIGS' EXISTING CONTRACTS LATER THIS YEAR.  Full Article

Rowan Jack-Up Leased By Aro Drilling For Three-Year Contract With Saudi Aramco
Monday, 18 Jun 2018 

June 18 (Reuters) - Rowan Companies PLC ::ROWAN JACK-UP BOB PALMER LEASED BY ARO DRILLING FOR THREE-YEAR CONTRACT WITH SAUDI ARAMCO.ROWAN COMPANIES - BOB PALMER LEASED TO ARO DRILLING, CO'S JV WITH SAUDI ARAMCO, TO FULFILL 3-YEAR CONTRACT THAT ARO HAS BEEN AWARDED BY SAUDI ARAMCO.  Full Article

Rowan Extends Liquidity Runway By Entering Into New Unsecured Five-Year Credit Facility
Tuesday, 22 May 2018 

May 22 (Reuters) - Rowan Companies PLC ::ROWAN EXTENDS LIQUIDITY RUNWAY BY ENTERING INTO NEW UNSECURED FIVE-YEAR CREDIT FACILITY.ROWAN COMPANIES PLC - FACILITIES WILL PROVIDE FOR INITIAL TOTAL BORROWING CAPACITY OF APPROXIMATELY $1.266 BILLION.ROWAN COMPANIES PLC - NEW FIVE-YEAR FACILITY WILL PROVIDE BORROWING CAPACITY OF $955 MILLION.  Full Article

Rowan Companies PLC Files For Potential Mixed Shelf Offering; Size Not Disclosed
Friday, 11 May 2018 

May 11 (Reuters) - Rowan Companies PLC ::ROWAN COMPANIES PLC FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED- SEC FILING.  Full Article

Rowan Announces Purchase Of Two Modern Jack-Up Rigs
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Rowan Companies Plc ::ROWAN ANNOUNCES PURCHASE OF TWO MODERN JACK-UP RIGS.ROWAN COMPANIES PLC - ‍INTENDS TO MOBILIZE THE MODERN JACK-UPS TO MIDDLE EAST FROM THEIR CURRENT LOCATION IN BRAZIL IN LATE Q1 2018​.ROWAN SAYS CONCLUDED PURCHASE OF 2 LETOURNEAU SUPER 116E JACK-UP RIGS IN PUBLIC AUCTION FROM PETROLEO BRASILEIRO'S UNIT FOR $38.5 MILLION PER UNIT.  Full Article

Rowan qtrly loss per share $0.17‍​
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Rowan Companies Plc ::Rowan reports third quarter 2017 results.Rowan Companies Plc - qtrly loss per share $0.17‍​.Rowan Companies Plc - qtrly revenue ‍$291.6 million versus $379.4 million​.Rowan Companies Plc - qtrly adjusted loss per share $0.16‍​.Rowan Companies Plc - qtrly adjusted loss per share $‍0.16​.Q3 earnings per share view $-0.41 -- Thomson Reuters I/B/E/S.  Full Article

Rowan announces launch of ARO Drilling
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Rowan Companies Plc :Rowan announces launch of ARO Drilling.Rowan Companies Plc - ‍ARO Drilling, co's 50/50 joint venture with Saudi Arabian Oil Company commenced operations on October 17, 2017​.Rowan Companies Plc - ‍As part of initial startup of aro drilling, rowan and saudi aramco contributed equal amounts of cash into joint venture​.Rowan Companies Plc - ‍Pursuant to aro drilling shareholders' agreement, Saudi Aramco will sell an additional jack-up rig in 2017 to ARO Drilling​.Rowan Companies Plc - Rowan will sell an additional two jack-up rigs to ARO Drilling once they complete their current contracts in late 2018​.Rowan Companies - Co, Saudi Aramco agreed aro drilling will purchase 20 future newbuild rigs that will be constructed by Saudi Aramco Manufacturing JV.Rowan Companies Plc - 20 future newbuild rigs to be constructed by a Saudi Aramco Manufacturing JV expected to be delivered between 2021 and 2030​.  Full Article

World's top shallow water driller raises $225 mln in Oslo IPO

OSLO, June 22 Shelf Drilling, a Dubai-based contractor for shallow water rigs, raised about $225 million by issuing new shares priced at 65.35 Norwegian crowns ($8.09) per share, the company said on Friday, the latest drilling firm to list in Oslo to raise capital.