What does SEDCO mean in Companies & Firms?

This page is about the meanings of the acronym/abbreviation/shorthand SEDCO in the Business field in general and in the Companies & Firms terminology in particular.

Southeastern Drilling Company

SEDCO was founded in 1947 by William Perry "Bill" Clements, Jr. who later became the 42nd and 44th governor of Texas. SEDCO was then the world's largest offshore drilling company and technical leaders of the offshore drilling industry, developing dynamically positioned drilling rigs, top drives, and many other offshore drilling innovations. In 1984, SEDCO was sold to Schlumberger Ltd., and its assets combined with their drilling contractor subsidiary, Forex, under Schlumberger management formed Sedco Forex Schlumberger. Sedco Forex Drilling was then a merged with Transocean Ltd in 1999 to 2000.

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"SEDCO." Abbreviations.com. STANDS4 LLC, 2021. Web. 6 May 2021. <https://www.abbreviations.com/term/1449462>.

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