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Crude Oil Extraction
CY
updated a month ago

Ocean Rig UDW Inc.

Company website

Ocean Rig UDW Inc., a prominent player in the offshore drilling industry, is headquartered in Cyprus (CY) and operates primarily in deepwater and ultra-deepwater regions globally. Founded in 2007, the company has established itself as a leader in providing high-specification drilling services to major oil and gas companies. Specialising in the operation of advanced drillships and semi-submersible rigs, Ocean Rig UDW Inc. is recognised for its commitment to safety, efficiency, and technological innovation. The company’s fleet is equipped with state-of-the-art technology, enabling it to tackle complex drilling challenges in some of the world's most demanding environments. With a strong market position, Ocean Rig UDW Inc. has achieved significant milestones, including successful contracts in key regions such as the Gulf of Mexico and offshore West Africa. Its reputation for reliability and performance continues to set it apart in the competitive offshore drilling sector.

DitchCarbon Score

How does Ocean Rig UDW Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

0

Industry Average

Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

12

Industry Benchmark

Ocean Rig UDW Inc.'s score of 0 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

6%

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Ocean Rig UDW Inc.'s reported carbon emissions

Inherited from Transocean Ltd.

As of the latest available data, Ocean Rig UDW Inc. does not report specific carbon emissions figures, indicating a lack of publicly disclosed emissions data. The company is a current subsidiary of Transocean Ltd., which may influence its climate-related initiatives and reporting practices. Ocean Rig UDW Inc. has not set any documented reduction targets or climate pledges, nor does it appear to have cascaded any specific science-based targets from its parent company. The absence of emissions data and reduction commitments suggests that the company may still be developing its climate strategy or aligning with broader industry standards. In the context of the offshore drilling sector, companies are increasingly focusing on reducing their carbon footprints and enhancing sustainability practices. Ocean Rig UDW Inc. may benefit from the initiatives and performance metrics of Transocean Ltd., which could provide a framework for future emissions reporting and climate commitments.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20182019202020212022
Scope 1
1,419,000,000
0,000,000,000
0,000,000,000
000,000,000
-
Scope 2
-
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
00,000,000
-
-
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ocean Rig UDW Inc.'s primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Ocean Rig UDW Inc. is in CY, which has a high grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Ocean Rig UDW Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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