122:
304:. Sonat sold the Sea Robin Pipeline in 1999 as a requirement to complete its merger with El Paso. After being acquired by El Paso in 1999, Southern Natural continued to operate as a separate division and kept its corporate headquarters in the AmSouth-Sonat Tower until 2007, when it relocated to the Colonial Brookwood Center located in a suburb of Birmingham.
377:
Sonat Marine was formed in 1981 when Sonat purchased
Interstate Oil Transportation Company of Philadelphia, Pennsylvania for $ 109 million. Interstate had been the nation's largest independent marine transporter of petroleum products. In 1987, a group of Sonat Marine executives and managers formed a
368:
in the Gulf of Mexico. The company's name was changed to Sonat
Offshore Drilling in 1982. In 1993, Sonat took Sonat Offshore public. Sonat fully divested itself of Sonat Offshore in 1995. In 1996, Sonat Offshore acquired Norwegian Transocean ASA and decided to adopt the name Transocean Offshore in
284:
Sonat Inc.'s corporate headquarters and several of its divisions were located in
Birmingham, Alabama, in the AmSouth-Sonat Tower. Sonat also had offices in Houston, Oklahoma City, Washington, D.C., New York City, and London. By 1999, the company's divisions consisted of natural gas distribution,
238:, to create a better known identity in the energy industry. During this time, the company, which had 1981 revenues of $ 2.4 billion, was ranked as one of the largest companies in the U.S. The company was also ranked as the largest pipeline producer by
248:, for $ 360 million in cash. Later the next year Sonat Marketing was formed to market and sell natural gas. By the end of the 1980s, the company was a leader in natural gas pipeline distribution, exploration and production, and offshore drilling.
213:
In 1972, the company moved into its new 30-story corporate headquarters in downtown
Birmingham. The building, called the First National-Southern Natural Building and later the AmSouth-Sonat Tower, was equally owned by and occupied with
255:
In June 1995, the company sold its remaining stake in Sonat
Offshore division to stockholders. On November 23, 1997, Sonat expanded its Exploration and Production division by acquiring Zilkha Energy for $ 1.3 billion.
319:
Sonat
Marketing was headquartered in Birmingham, Alabama, and was primarily engaged in the marketing of natural gas. The company also operated Sonat Power Marketing which marketed and sold electrical power.
613:
608:
588:
598:
348:. As a result of the merger with El Paso, the regional offices were closed and the holdings were blended into El Paso's Exploration and Production division.
593:
435:
623:
618:
369:
order to differentiate itself from its former parent company. Today
Transocean is one of the largest offshore drilling contractors in the world.
268:
in a $ 6 billion deal in an effort for El Paso to maintain competition in the natural gas markets. At the time of the merger, Sonat was a
465:
544:
421:
Sonat Inc. to purchase a one-half interest in
Florida Gas Transmission Co., an interstate gas pipeline subsidiary of HNG-InterNorth
234:
By the 1980s, Southern
Natural had diversified into many different industries. In 1982, the company decided to change its name to
29:
272:
company. The E&P unit, Sonat
Exploration Company, was blended into El Paso's organization, and the gas transmission unit,
293:
273:
244:. On March 27, 1986, the company expanded its pipeline division by acquiring 50% of Citrus Corporation, which owned
603:
573:
395:
311:, which is majority owned by El Paso Corp., owns 60% of the company, with El Paso Corp. owning the remaining 40%.
301:
245:
222:. The company, which was quickly expanding, acquired The Offshore Company in 1978 and soon changed the name to
296:, headquartered in Birmingham, Alabama, was Sonat's natural gas transmission division. The division owned the
548:
341:
198:
153:
101:
337:
491:
333:
161:
505:
265:
177:
173:
145:
87:
83:
73:
364:
was formed in 1953 by Southern Natural Gas when it established The Offshore Company to own mobile
197:
in 1928. In 1953, the company spun off its natural gas utility division, forming Birmingham-based
297:
165:
332:, was the exploration and production division of Sonat. The company had regional offices in
240:
156:
under the ticker symbol "SNT". Sonat was primarily involved in transmission and marketing
205:. In 1968, the company expanded into forestry by creating Southern Forest Products, Inc.
329:
252:
152:
American energy holding company. The company was founded in 1928 and was listed on the
522:
582:
450:
420:
345:
269:
157:
149:
365:
361:
223:
169:
215:
28:
47:
378:
partnership to acquire the company from Sonat for $ 234 million.
251:
In 1993, the company's Sonat Offshore division was spun off as
164:
exploration and production. The company was also involved in
466:"El Paso Energy to Buy Sonat, Creating Gas Pipeline Giant"
614:
Non-renewable resource companies disestablished in 1999
285:
natural gas marketing, and exploration and production.
545:"Sonat Sells Tug Operations to Maritrans Partnership"
609:
Non-renewable resource companies established in 1928
201:. During the 1960s, the company changed its name to
264:In March 1999, Sonat announced it was merging with
129:
116:
108:
94:
79:
69:
61:
53:
43:
35:
276:, is still headquartered in the Birmingham area.
218:. In 1973, the company changed its name again to
400:(undated, ca 1991): SONAT, INC. Company History"
209:Southern Natural Industries, Inc., 1970sā1980s
436:Sonat to Sell Stake in Offshore Drilling Unit
193:Sonat was founded in Birmingham, Alabama, as
168:until 1995 when the offshore business became
8:
451:Sonat Announces Acquisition of Zilkha Energy
328:Sonat Exploration Company, headquartered in
189:Southern Natural Gas Corporation, 1928ā1970s
21:
589:Natural gas companies of the United States
27:
20:
506:"Sonat Exploration to close some offices"
492:Sonat Moves its HQ to Colonial Brookwood
112:Natural Gas Transmission and Exploration
387:
176:. The company was headquartered in the
599:Companies based in Birmingham, Alabama
16:Former American energy holding company
7:
57:1928 as Southern Natural Gas Company
523:"Sonat Marine Company Incorporated"
594:Defunct companies based in Alabama
14:
624:1999 disestablishments in Alabama
216:First National Bank of Birmingham
220:Southern Natural Industries, Inc
195:Southern Natural Gas Corporation
121:
120:
203:Southern Natural Resources, Inc
619:1928 establishments in Alabama
1:
494:, Birmingham Business Journal
253:Sonat Offshore Drilling, Inc.
294:Southern Natural Gas Company
289:Southern Natural Gas Company
274:Southern Natural Gas Company
172:. In 1999 Sonat merged with
574:Sonat, Inc. FundingUniverse
125:$ 4.17 billion (1998)
640:
166:contract offshore drilling
357:Sonat Offshore/Transocean
309:El Paso Pipeline Partners
26:
510:Houston Business Journal
302:Florida Gas Transmission
246:Florida Gas Transmission
180:in downtown Birmingham.
549:The Journal of Commerce
342:Oklahoma City, Oklahoma
199:Alabama Gas Corporation
154:New York Stock Exchange
102:Chief Executive Officer
230:Sonat Inc., 1980sā1999
100:Ronald L. Kuehn, Jr.,
525:. Tugboat Information
338:Shreveport, Louisiana
334:Fort Smith, Arkansas
512:, September 1, 1999
455:, November 23, 1997
266:El Paso Corporation
260:Merger with El Paso
178:AmSouth-Sonat Tower
174:El Paso Corporation
146:Birmingham, Alabama
144:, headquartered in
131:Number of employees
88:Birmingham, Alabama
84:AmSouth-Sonat Tower
74:El Paso Corporation
23:
470:The New York Times
344:, and Houston and
298:Sea Robin Pipeline
604:Energy in Alabama
324:Sonat Exploration
139:
138:
631:
561:
560:
558:
556:
551:. April 15, 1987
541:
535:
534:
532:
530:
519:
513:
503:
497:
496:, March 28, 2008
488:
482:
481:
479:
477:
472:. March 16, 1999
462:
456:
447:
441:
438:, New York Times
432:
426:
425:, March 27, 1986
417:
411:
410:
408:
406:
392:
352:Former divisions
124:
123:
31:
24:
639:
638:
634:
633:
632:
630:
629:
628:
579:
578:
570:
565:
564:
554:
552:
543:
542:
538:
528:
526:
521:
520:
516:
504:
500:
489:
485:
475:
473:
464:
463:
459:
448:
444:
440:, June 22, 1995
433:
429:
418:
414:
404:
402:
398:FundingUniverse
394:
393:
389:
384:
375:
359:
354:
326:
317:
315:Sonat Marketing
307:Publicly owned
291:
282:
280:Sonat divisions
262:
232:
211:
191:
186:
132:
97:
86:
17:
12:
11:
5:
637:
635:
627:
626:
621:
616:
611:
606:
601:
596:
591:
581:
580:
577:
576:
569:
568:External links
566:
563:
562:
536:
514:
498:
483:
457:
442:
427:
412:
386:
385:
383:
380:
374:
371:
362:Sonat Offshore
358:
355:
353:
350:
330:Houston, Texas
325:
322:
316:
313:
290:
287:
281:
278:
261:
258:
231:
228:
226:(Transocean).
224:Sonat Offshore
210:
207:
190:
187:
185:
182:
148:, was a large
137:
136:
133:
130:
127:
126:
118:
114:
113:
110:
106:
105:
98:
95:
92:
91:
81:
77:
76:
71:
67:
66:
63:
59:
58:
55:
51:
50:
45:
41:
40:
37:
33:
32:
15:
13:
10:
9:
6:
4:
3:
2:
636:
625:
622:
620:
617:
615:
612:
610:
607:
605:
602:
600:
597:
595:
592:
590:
587:
586:
584:
575:
572:
571:
567:
550:
546:
540:
537:
524:
518:
515:
511:
507:
502:
499:
495:
493:
487:
484:
471:
467:
461:
458:
454:
453:, PR Newswire
452:
446:
443:
439:
437:
431:
428:
424:
423:, PR Newswire
422:
416:
413:
401:
399:
391:
388:
381:
379:
372:
370:
367:
363:
356:
351:
349:
347:
343:
339:
335:
331:
323:
321:
314:
312:
310:
305:
303:
299:
295:
288:
286:
279:
277:
275:
271:
267:
259:
257:
254:
249:
247:
243:
242:
237:
229:
227:
225:
221:
217:
208:
206:
204:
200:
196:
188:
183:
181:
179:
175:
171:
167:
163:
159:
155:
151:
147:
143:
134:
128:
119:
115:
111:
107:
104:and President
103:
99:
93:
89:
85:
82:
78:
75:
72:
68:
64:
60:
56:
52:
49:
46:
42:
38:
34:
30:
25:
19:
553:. Retrieved
539:
527:. Retrieved
517:
509:
501:
490:
486:
474:. Retrieved
469:
460:
449:
445:
434:
430:
419:
415:
403:. Retrieved
397:
390:
376:
373:Sonat Marine
360:
346:Tyler, Texas
327:
318:
308:
306:
292:
283:
263:
250:
239:
235:
233:
219:
212:
202:
194:
192:
141:
140:
135:2,107 (1998)
80:Headquarters
36:Company type
18:
555:November 8,
529:November 8,
366:jackup rigs
300:and 50% of
270:Fortune 500
162:oil and gas
158:natural gas
150:Fortune 500
142:Sonat, Inc.
39:Corporation
22:Sonat, Inc.
583:Categories
382:References
236:Sonat Inc.
170:Transocean
96:Key people
476:August 9,
405:August 9,
70:Successor
109:Products
44:Industry
184:History
117:Revenue
54:Founded
241:Forbes
65:Merged
48:Energy
557:2021
531:2021
478:2009
407:2009
160:and
90:, US
62:Fate
585::
547:.
508:,
468:.
340:,
336:,
559:.
533:.
480:.
409:.
396:"
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
