Rowan eyes relocation as part of expansion plans

02/2/2010 | Reuters

Rowan stated plans to move its headquarters outside of the U.S. as it seeks expansion opportunities for its oil and gas rigs, CEO Matt Ralls said. The company intends to purchase ultra-deepwater rigs and tighten its hold on the market for high-end jackup rigs, he said, though there is "nothing imminent" regarding mergers or purchases.

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