Diamond Offshore

Diamond Offshore Drilling, Inc., a leading deepwater drilling contractor, owns and operates one of the largest fleets of offshore drilling units in the world. The company's diverse fleet consists of 30 semisubmersibles, 14 jack-ups and one dynamically positioned drillship.

Diamond Offshore operates in the waters of six of the world's seven continents, supplying comprehensive drilling services to the global energy industry. Configured to achieve the optimum balance of flexibility and performance, Diamond Offshore's fleet has built its reputation on more than four decades of real-world global drilling experience. Its crews have honed their skills in the harshest environments. From the North Sea, the Gulf of Alaska, the Straits of Magellan, the south China Sea and Australia's Bass Strait, Diamond Offshore's more than 3,500 industry veterans know how to meet the most formidable challenges.

Address: 15415 Katy Freeway
Suite 100
Houston, TX 77094
Contact: 281.492.5300

Recent Articles

Diamond Offshore's Profit Beats Estimates On Lower Costs
Monday, May 01, 2017 Diamond Offshore Drilling reports a higher-than-expected quarterly profit, helped by lower costs.
Offshore Drillers Still Seeking Recovery Enjoyed by Shale
Tuesday, February 07, 2017 While oil drillers in US shale basins are starting to see business come back, their offshore brethren will have to wait for prices to surge well above $60 a barrel.
Diamond Offshore Sees Recovery when Oil "Well Over $60"
Monday, February 06, 2017 Rig contractor Diamond Offshore Drilling Inc's Chief Executive Officer Marc Edwards said oil prices needed to be "well over $60" to spur a recovery in offshore drilling.
Diamond Offshore's Weak Outlook Contrasts Demand for Onshore Rigs
Monday, August 01, 2016 Diamond Offshore Drilling says there are "next to zero" contracts for deepwater rigs, highlighting the contrast between subdued offshore drilling activity and a recent resurgence in shale drilling.
HHI Delivers Ocean Greatwhite Semisub to Diamond Offshore
Monday, July 18, 2016 South Korea's Hyundai Heavy Industries (HHI) delivers seimsub to Ocean Greatwhite to Diamond Offshore.
New Helical Riser Buoyancy Part of Diamond Strategy on Efficiency
Monday, June 13, 2016 Diamond's partnership to develop, build and market drill riser buoyancy models based on its technology is part of the company's strategy to speed process improvement.
Moody's Downgrades Offshore Drillers, Including Ensco, Transocean
Tuesday, March 01, 2016 Offshore drilling contractors likely to struggle through at least 2018, Moody's Investors Service says in a new report.
Diamond Offshore Profit Beats On Lower Costs; Div Scrapped
Monday, February 08, 2016 Diamond Offshore Drilling wings into a quarterly loss at it writes down the value of nine drilling units by nearly half-a-billion dollars.
Tisch's Drilling Business Loses to Statoil in Norway Court Clash
Thursday, December 24, 2015 Diamond Offshore Drilling Inc., a unit of Jim Tisch's Loews Corp., suffers a loss in its lawsuit against Statoil as a judge said Norway's biggest oil company didn't breach a contract when it terminated a deal over a rig.
Diamond Offshore Drilling Revenues Drop, Net Income Rises
Monday, August 03, 2015 Diamond Offshore Drilling announces a $58 million revenue loss and slight net income increase in the second quarter of 2015, compared to the same period last year.
Lansdowne Oil & Gas: Midleton Prospect Well to be Drilled in August
Monday, June 22, 2015 Lansdowne Oil & Gas announces that a well will be drilled at the Midleton prospect in license 4/07, offshore Ireland, in August 2015.
HHI Delivers Ocean BlackLion Drillship to Diamond Offshore
Wednesday, May 27, 2015 Hyundai Heavy Industries delivers Ocean BlackLion drillship to Ocean Offshore.
Diamond Offshore Scraps Rigs As Demand Weakens
Monday, May 04, 2015 Diamond Offshore turns from profit to loss due to an impairment charge of $319 million.
Apache Contracts Ocean America to Drill Levitt-1 Well in Carnavon Basin
Tuesday, March 24, 2015 Apache contracts Diamond Offshore's Ocean America semisub to drill the Levitt-1 prospect in permit WA-482-P in the Carnarvon Basin, offshore Western Australia.
Diamond Offshore Sees Weak Demand, Scraps Special Dividend
Monday, February 09, 2015 Rig contractor Diamond Offshore Drilling expects a significant number of ultra-deepwater rigs to be idled across the industry by year-end as oil producers' capital budget is likely to be lowered by a fifth this year.
Precision Drilling Expects Lower Capital Spending in 2015
Monday, December 08, 2014 Canada's Precision Drilling Corporation expects 2015 capital spending to be 44-percent lower than this year's budget.
Norway's Statoil Cancels Rig Contract with Diamond Offshore
Wednesday, June 04, 2014 Statoil cancels a rig contract with Diamond Offshore Drilling eight months earlier than expected.
Diamond Offshore Profit Beats As Rig Hire Rates Improve
Thursday, April 24, 2014 Diamond Offshore Drilling reports 17% fall in quarterly profit due to lower utilization rates for deepwater rigs.
Diamond Offshore Profit Beats Estimates As Rig Rates Rise
Thursday, February 06, 2014 Diamond Offshore reports a better-than-expected profit as the rates it earned for its ultra-deepwater rigs shot up in the 4Q.
Diamond Offshore CEO Lawrence Dickerson to Retire
Tuesday, September 24, 2013 Diamond Offshore Drilling Inc says Chief Executive Lawrence Dickerson will retire once a successor is found.