What is the history of Rowan Companies Inc.?

Rowan Companies Inc. has an illustrious history in the offshore drilling industry. It was founded in 1923 by Charles Rowan and Arch Rowan as a land-based drilling contractor. Over the years, the company diversified its operations and became a leading provider of offshore drilling services worldwide. In 1954, Rowan made its initial move into offshore drilling by constructing the world's first portable off-platform drilling rigs. This innovative approach revolutionized the industry and set Rowan apart from its competitors. Throughout the decades, Rowan continued to innovate and expand its fleet of drilling rigs, offering advanced technologies and exceptional safety standards. In 2018, Rowan merged with Ensco plc, forming a premier offshore drilling contractor with an extensive fleet and a rich history of delivering value to its clients.