The LeadersIn Maritime Law

Ensco

Address:
500 North Akard Street, Suite 4300
Dallas, TX 75201-3331
Phone: (888) 346-5024

Ensco is a global provider of offshore drilling services to major international, government-owned, and independent oil and gas companies. Ensco is managed through four major business units — Ultra-Deepwater, North & South America, Europe & Africa, and Asia & Pacific Rim.

Ensco focuses on offshore drilling in shallow and ultra-deep water with a fleet of 45 drilling rigs, including 40 jackups, four ultra-deepwater semi-submersibles, and one barge. Ensco has added ten ultra-high specification jackup rigs to its fleet since 1999, giving Ensco the largest and most capable fleets of premium jackup rigs. Many of the rigs Ensco has deployed in America are located in the shallow Gulf of Mexico.

Ensco is committed to protecting the safety and health of all personnel involved in its operations. The company adopted the DuPont STOP program. STOP is a comprehensive, behavior-based training program, teaching managers, supervisors, and team leaders how to observe people as they work. By talking with people to acknowledge safe acts and to correct unsafe acts, workers are encouraged to follow safe work practices. The goal is to prevent incidents which can harm people, the environment, or damage assets.

Ensco Corporation is listed on the New York Stock Exchange under the symbol “ESV”. The Deepwater Horizon oil spill and resulting 6-month drilling moratorium in the Gulf of Mexico caused significant share price declines throughout the sector. As Ensco was not involved in the accident, the company has taken the position that, in the long run, the price of oil in a world of increasingly scarce traditional oil deposits will have far more impact on Ensco than the transitory effect of regulatory actions.

A Nov. 2009 article reported that Ensco planned to move corporate headquarters from Dallas, Texas to London and register as a U.K. Corporation. Ensco states there are no plans to move a large number of employees to London.

With 4,200 employees, and annual revenue in the $2.3 billion range, Ensco is one of the largest energy industry companies in the Dallas-Fort Worth, Texas area. Ensco competes with offshore drill contractors, including Transocean, Diamond Offshore Drilling, Noble, and Rowan Companies.

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