The document discusses Rowan Companies moving rigs to the Norwegian sector. It provides background on Rowan Companies and its strategy of expanding its high-specification jack-up presence and entering the deepwater market through various acquisitions and divestments between 2009-2011. It then lists some rigs Rowan has in the Norwegian sector and challenges in complying with Norwegian rules and regulations, and differences in costs, competence, resources, and culture. Finally, it outlines a way forward of early planning, evaluation of requirements, understanding cultural differences, and emphasis on communication.

1. Moving rigs to
Norwegian sector
February 6th, 2013
Kristin L. Dragsund
HSE Manager Rowan Drilling Norway
Rowan Companies

2. Rowan Companies
• In 1923, beginning with a small land-based steam rig powered by two
45-horsepower boilers, brothers Charlie and Arch Rowan founded
Rowan Drilling Company. Rowan has grown and adapted to serve the
emerging needs of the oil and gas industry
• Rowan Companies plc is a major provider of global offshore contract
drilling services with a leading position in high-specification jack-up
rigs. The Company’s fleet of 31 jack-up rigs is located worldwide,
including the Middle East, the North Sea, Trinidad, Southeast Asia and
the Gulf of Mexico. The Company will enter the ultra-deepwater
market with four high-specification drillships expected to be
delivered starting in late 2013. The Company’s stock is traded on the
NYSE under the symbol “RDC.”
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3. Strategy
In April 2009, Rowan set long term goals of divesting manufacturing
and land division, expanding our high-spec jack-up presence, and
entering the deepwater market
• August 2010 – Purchased Skeie Drilling (3 N Class jack-ups)
• May 2011- Announced construction of two ultra-deepwater drillships
• June 2011 – Sale of LeTourneau Technologies to Joy Global
• September 2011 – Sale of Land Division to Ensign International
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4. Rigs on Norwegian sector
Rowan Gorilla VI 2009
Rowan Stavanger 2011
Rowan Norway 2013
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5. Challenges on the road
Norwegian Rules Costs Competence
and Regulations- and training
Resources Culture
Acknowledgement
of Compliance
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6. Way forward
• Organization
» Set the expectations
• Early planning
• Evaluation of the requirements in force
• Understanding of culture differences
» Expectations both ways
» Building a good common culture
• Communication
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