Early Career
Clements was born in Dallas and worked as an oil driller for many years. He founded SEDCO in 1947, the world's largest offshore drilling company and technical leader of the offshore drilling industry, developing dynamically positioned drilling rigs, top drives, and many other offshore drilling innovations. In 1984, SEDCO was sold to Schlumberger Ltd., and its assets combined with their drilling contractor subsidiary, Forex, under Schlumberger management, to form Sedco Forex Schlumberger. Sedco Forex Schlumberger was acquired by Transocean Ltd. in 1999 and combined with their existing fleet. He entered politics as the United States Deputy Secretary of Defense under Presidents Richard Nixon and Gerald Ford, in the latter administration under Defense Secretary Donald Rumsfeld (1975–1977).
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