Marine Link
Saturday, October 22, 2016

Rowan Rig is Missing

August 30, 2005

Rowan Companies, Inc. completed an initial aerial survey of its 22 rigs in the Gulf of Mexico. All of the company's rigs were located, with the exception of the Rowan-New Orleans. The company is undertaking efforts to locate the rig and fears it may have capsized and sunk offshore Louisiana. Rowan's other rigs in the area appear to have sustained minimal damage but a complete evaluation of their condition will require a closer inspection upon the return of the company's drilling personnel. The Rowan-New Orleans was a LeTourneau 52-class slot jack-up rig. The rig had been secured at its pre-storm location in Main Pass Block 185 and all personnel were evacuated prior to the arrival of Hurricane Katrina. The rig was insured for $8.5 million and had a carrying value of approximately $7.4 million.

Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News