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Blue Chip Growth

Stock Report: () Report Updated: Aug 29, 2016 | Print This Page

Get more stock ratings by Louis Navellier

(ORIG)

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Company Profile

Ocean Rig UDW Inc., an offshore drilling contractor, provides oilfield services for offshore oil and gas exploration, development, and production drilling. It specializes in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. As of February 15, 2016, the company owned and operated 13 offshore ultra deepwater drilling units comprising 2 ultra deepwater semisubmersible drilling rigs and 11 ultra deepwater drillships. It serves oil companies, integrated oil and gas companies, state-owned national oil companies, and independent oil and gas companies. The company is based in Nicosia, Cyprus. Ocean Rig UDW Inc. operates as a subsidiary of DryShips, Inc.