Atwood Oceanics: A Global Drilling Company

The oil and gas industry needs drilling companies like Atwood Oceanics to help them drill in exploratory regions. The company is one of the global drilling businesses that are publicly held on the New York Stock Exchange.

Headquartered in Houston, Texas, the business has been around since 1968 and started its drilling operations in 1970. There are several subsidiaries of the company that work around the globe. Together with Atwood Oceanics Pacific Limited (A.O.P.L.), the business forms the Atwood Group. The group owns and operates 13 mobile offshore drilling units and two more ultra-deepwater drillships are in the construction phase. Currently, the business owns and operates the Atwood Advantage and the Atwood Achiever, two state of the art drillships. The Atwood Archer and the Atwood Admiral are set to be operational by March 2015.

There are more than 1,200 employees that the company salaries. These associates are governed by their eight member Board of Directors.