N. Pharr Smith

Transocean, Inc. provides offshore contract drilling services for oil and gas wells. The company also provides integrated services. It operates through two segments, Transocean Drilling and TODCO. The Transocean Drilling segment consists of floaters, jackups and other rigs used in support of offshore drilling activities and offshore support services. The TODCO segment consisted of its interest in TODCO, which conducts jackup, drilling barge, land rig, submersible and other operations in the United States. Transocean, Inc. is based in Houston, Texas.

Rowan Cos., Inc. engages in the provision of contract drilling services to the oil and gas industry. The company was founded by Charles Rowan and Archibald Rowan in 1923 and is headquartered in Houston, TX.

Part of Valaris Ltd., Marathon LeTourneau Co. is a company that specializes in steel, heavy equipment, and drilling rigs. The company is based in Longview, TX. Marathon LeTourneau was acquired by Rowan Cos. LLC from General Cable Corp. on February 14, 1994 for $52.10 million.

Friede & Goldman Ltd. designs and manufactures mobile offshore drilling and production units. It offers naval architects and marine engineering services. The company was founded by Vladimir M. Friede and Jerome L. Goldman and is headquartered in Houston, TX.

GlobalSantaFe Corp. is one of the leaders in the contract drilling industry. It provides offshore oil and gas drilling and drilling management services. It owns and operates about 61 marine drilling rigs, including premium and heavy-duty, harsh-environment jackups, semi submersibles and dynamically positioned ultra-deepwater drillships, as well as two semi submersibles operated for third parties under a joint venture agreement. The company is headquartered in Houston, TX.