R&B Falcon Drilling Ltd LLC history

While Republican nominee John C. Frémont lost the 1856 United States presidential election to Democrat James Buchanan, Buchanan only managed to win four of the fourteen northern states, winning his home state of Pennsylvania narrowly.

Radical Republicans passed the Wade–Davis Bill in 1864, which sought to enforce the taking of the Ironclad Oath for all former Confederates.

Anti-Johnson Republicans won a two-thirds majority in both chambers of Congress following the elections, which helped lead the way toward his impeachment and near ouster from office in 1868.

Republicans who opposed Grant branched off to form the Liberal Republican Party, nominating Horace Greeley in 1872.

The 1876 general election saw a contentious conclusion as both parties claimed victory despite three southern states still not officially declaring a winner at the end of election day.

Ahead of the 1880 general election, Republican James G. Blaine ran for the party nomination supporting Hayes' gold standard push and supporting his civil reforms.

Garfield was elected but assassinated early into his term, however his death helped create support for the Pendleton Civil Service Reform Act, which was passed in 1883; the bill was signed into law by Republican President Chester A. Arthur, who succeeded Garfield.

Blaine once again ran for the presidency, winning the nomination but losing to Democrat Grover Cleveland in 1884, the first Democrat to be elected president since Buchanan.

A majority of Republicans supported the annexation of Hawaii, under the new governance of Republican Sanford B. Dole, and Harrison, following his loss in 1892 to Cleveland, attempted to pass a treaty annexing Hawaii before Cleveland was to be inaugurated again.

Transocean traces its roots to onshore drilling operations, where T.S. "Stoney" Stoneman began his career as a draftsman and then a landman before joining the Danciger Oil & Refining Company of Fort Worth, Texas in 1926.

The Republicans maintained their majority for the first time since 1928 despite the presidential ticket of Bob Dole-Jack Kemp losing handily to President Clinton in the general election.

With a final total of 247 seats (57%) in the House and 54 seats in the Senate, the Republicans ultimately achieved their largest majority in the Congress since the 71st Congress in 1929.

After Roosevelt took office in 1933, New Deal legislation sailed through Congress and the economy moved sharply upward from its nadir in early 1933.

FOUNDING OF PREDECESSOR COMPANY: 1935

Roosevelt was re-elected in a landslide in 1936; however, as his second term began, the economy declined, strikes soared, and he failed to take control of the Supreme Court and purge the southern conservatives from the Democratic Party.

Established in France in 1942, Forex initially provided land drilling services in France, North Africa, and the Middle East.

After 1945, the internationalist wing of the GOP cooperated with Truman's Cold War foreign policy, funded the Marshall Plan and supported NATO, despite the continued isolationism of the Old Right.

1946 Santa Fe Drilling Company was established.

The Sedco component had been founded in 1947 as the Southeastern Drilling Company in the United States to operate in shallow marsh water.

In 1949 Jack Bates, Jr., took over the presidency, then two years later took on a partner of his own, Charlie Thornton, a former Gulf Oil petroleum engineer who headed a Canadian subsidiary.

1950 - Southern Production Co., a subsidiary of Southern National Gas, purchased Danciger and later began work to form The Offshore Company.

The Republicans maintained their majority for the first time since 1928 despite the presidential ticket of Bob Dole-Jack Kemp losing handily to President Clinton in the general election. It was the first time the Republican Party had achieved a majority in the House since 1952.

1953 - The Offshore Company was created to design and build Rig 51 (shown in photo), the world's first mobile jackup drilling rig.

1955 - Sedco began operations with two, shallow-water semisubmersible barges in South Texas and built Rig 21, the first "post-type" swamp barge.

1956 Global Marine Drilling Company commissioned the CUSS I, the first drillship.

1959 – Global Marine obtained its first multi-well drilling contract.

1960 - Santa Fe became a public company with shares sold through the OTC Market.

1963 - Santa Fe became listed on the New York Stock Exchange.

Southern conservatives joined with most Republicans to form the conservative coalition, which dominated domestic issues in Congress until 1964.

1965 - The Offshore Company’s Hustler entered service as the first movable cantilevered drilling rig on a jackup barge.

1966 - Orion, became the first jackup designed for year-round operations in the North Sea.

1968 - Santa Fe was renamed Santa Fe International Corporation and purchased its first jackup rig.

1969 - Offshore Mercury, began operations as the first self-propelled jackup.

1971 - The Sedco 445 became the first modern self-propelled drillship.

Forex eventually acquired complete ownership of Neptune, and in 1972 Schlumberger acquired all of Forex.

1973 - Global Marine designed and built the Hughes Glomar Explorer (shown in photo). The unit was contracted to the CIA for a secret mission, reported in the news media to be the recovery of a sunken Soviet submarine.

1977 - The Glomar Pacific drillship was placed into service, utilizing even more advanced DP technology along with the most up-to-date naval architecture and marine engineering.

1979 - The first DP semisubmersible, Sedco 709, made its debut.

He'd go on to become governor of California two years later, and in 1980, win the presidency.

The parent company changed its name to Sonat in 1981 and The Offshore Drilling Company became Sonat Offshore Drilling Inc.

The Glomar Challenger began collecting seabed sediment cores around the world, a role that extended into 1983.

1984 - Schlumberger purchased Sedco.

1985 - Sedco and Forex Neptune were combined into the Sedco Forex drilling division of Schlumberger.

1986 – The Transocean Arctic in Norway became the first rig to drill year-round in the Barents Sea.

1987 - Santa Fe purchased the first Monarch-Class heavy-duty, harsh-environment jackup, the Monarch.

In 1988 Webster founded Falcon as an offshore drilling contractor.

After he left office in 1989, Reagan became an iconic conservative Republican.

A new unit was also formed in 1990, Reading & Bates Development Co., to provide floating production platform services and other specialized drilling services as well as to invest in wells the company drilled.

1993 - In May, Sonat, Inc. spun-off Sonat Offshore Drilling Inc., at which time Sonat Offshore Drilling Inc. (RIG) became its own entity and began trading on the New York Stock Exchange.

In the Republican Revolution of 1994, the party—led by House Minority Whip Newt Gingrich, who campaigned on the "Contract with America"—won majorities in both chambers of Congress, gained 12 governorships and regained control of 20 state legislatures.

He grew the business rapidly, focusing on shallow water, and took it public in 1995.

1996 - In September, Sonat Offshore Deepwater Drilling Inc. acquired Transocean ASA. At this time the company name was changed to Transocean Offshore Deepwater Drilling Inc. and the logo was changed.

In July 1997 R&B Falcon Corporation was formed to accommodate the $2.5 billion stock swap, which in order to avoid taxes was structured as a pooling of interests.

By the end of 1998, low oil prices began to hurt R&B Falcon’s main business as oil companies began terminating rig contracts.

1999 - The Discoverer Enterprise (shown in photo) became the first ultra-deepwater, dual-activity drillship, the first of many rigs worldwide that today utilize Transocean’s patented dual-activity technology.

The combination of Transocean and Sedco Forex took the name Transocean Sedco Forex Inc. It instantly became the world’s fourth largest oilfield service company and was added to the Standard & Poor’s 500 Index on the first day it began trading on the New York Stock Exchange in 2000.

With the acquisition of R&B Falcon, completed in January 2001, it grew even larger, becoming a $14 billion company.

In preparation for this move R&B Falcon was renamed TODCO in December 2002.

2003 - Deepwater Nautilus – 7,570 feet of water, subsea completion record.

2004 - Deepwater Nautilus – 8,951 feet, water depth, record for a moored rig.

Transocean steadily divested its interest in TODCO, selling the final shares by May 2005.

2006 - Deepwater Millennium – 9,000 feet of water, subsea completion record.

2007 - Transocean and GlobalSantaFe merged as the world's largest offshore drilling contractor.

2009 - Deepwater Horizon – 35,050 feet, vertical depth record and 35,055 feet, measured depth, deepest offshore oil and gas well record.

2011 The Dhirubhai Deepwater KG2 set the world water-depth record at 10,194 feet of water (3,107 meters) while working for Reliance in India.

When Obama and Biden won re-election in 2012, defeating a Mitt Romney-Paul Ryan ticket, the Republicans lost seven seats in the House in the November congressional elections, but still retained control of that chamber.

Following the 2014 midterm elections, the Republican Party took control of the Senate by gaining nine seats.

The new drillships, two of which began operations in 2016, provide the most advanced offshore drilling technology available.

2018 In May, Transocean Ltd. acquired Songa Offshore SE. The acquisition added seven floaters, four of which were high specification harsh environment.

2019 - In October, Transocean Ltd. successfully deployed the world's first hybrid energy storage system aboard a floating unit, the Transocean Spitsbergen.

He was acquitted by the Senate on February 5, 2020.

He left office on January 20, 2021, but the impeachment trial continued into the early weeks of the Biden administration, with Trump being ultimately acquitted a second time by the Senate on February 13, 2021.