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Ensco: U.S. authorities will not be bringing enforcement actions

Jaclyn Jaeger | September 6, 2018

U.K.-based offshore drilling contractor Ensco announced this week that the U.S. Department of Justice and Securities and Exchange Commission do not intend to bring enforcement actions in connection with a previously disclosed investigation into alleged irregularities related to a drilling services contract.

In a Form 8-K filing, dated Sept. 4. Ensco said it received a letter on Aug. 29 from the SEC’s Division of Enforcement informing Ensco that it “has concluded its investigation into alleged irregularities related to a drilling services contract for ENSCO DS-5 and does not intend to recommend any enforcement action against the company.”

In addition, Ensco said it received a letter from the Department of Justice on Aug. 31 stating that it, too, “had closed its inquiry into the matter and acknowledging Ensco’s full cooperation in the investigation.”

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