Hercules Offshore (NASDAQ:HERO) is one of the leading providers of shallow-water drilling and marine services to national, major integrated and independent energy firms ranging from state-owned oil giant Saudi Aramco to the American oil major Chevron. The company boasts of the "third largest worldwide fleet" of jackup rigs and the "largest international fleet" of lift-boats. Hercules has clearly come a long way since its formation in 2004. This year, Hercules has upped its stake in Discovery Offshore S.A, an ultra-high-specification-jackup-drilling-rigs company which was formed by Hercules a couple of years ago, from 32% last year to 100% by the end of September 2013. Hercules currently has 18 rigs at the Gulf of Mexico which makes Hercules one...
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