In the last four years, says Ron Toufeeq, Pride's new senior vice president operations, asset management and engineering, the company has made great strides in becoming an offshore drilling company with a primary emphasis on deepwater. The strategy, Toufeeq says, was to spin-off the mat-supported jackups and move toward becoming a floater drilling company with an emphasis on the deepwater. To that end, Pride has four ultra-deepwater sixth-generation drillships nearing completion in the Samsung Shipyard in South Korea.
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