Former type Public Fate Acquired by Ensco plc Net income US$ billion (2008) Ceased operations May 31, 2011 | Industry Offshore drilling Revenue US$ 2.3 billion (2008) Founded 1966 Parent organization Ensco plc | |
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Defunct May 31, 2011 (2011-05-31) Headquarters Houston, Texas, United States Subsidiaries Pride SpinCo, Inc., Pride Drilling, LLC | ||
Pride International, Inc. was an offshore oil drilling company headquartered in Houston, Texas, the United States. With over 7000 employees, Pride provided contract drilling and related services to oil and gas companies worldwide. It had positioned its fleet to operate offshore with more than 50 units in five continents. Its largest operations included those in Angola, Brazil, India, Mexico and Saudi Arabia. Pride spun off its mat jackups as a public company called Seahawk Drilling in August 2009, so the company's focus is primarily deep-water drilling along with some high-spec jackups.
Effective from 31 May 2011, Pride International was acquired by Ensco plc.
References
Pride International Wikipedia(Text) CC BY-SA