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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 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.
Offshore Contractors Adjust Rig Fleets on Brazil Woes
Friday, September 20, 2013 The once-promising Brazilian offshore oil market is proving a thorn in the side of drilling contractors who are either leaving it or trying to shift some of their rigs elsewhere.
Diamond Beats Expectations Despite Drop in Earnings
Thursday, July 25, 2013 Diamond Offshore exceeds expectations despite a year-on-year slide.
Diamond Offshore, Hyundai Heavy to Build New Semisub
Wednesday, May 29, 2013 Diamond Offshore announces an agreement with Hyundai Heavy to build a new Moss CS60E design harsh environment semisubmersible drilling rig.
Diamond Offshore 4Q Net Falls 17% Amid Lower Day Rates
Tuesday, February 05, 2013 Diamond Offshore's fourth-quarter earnings fell 17% as lower day rates dampened improved utilization of ultradeep-water and midwater floaters.
Noble 'Well Positioned' for Offshore Activity Growth
Friday, October 19, 2012 Noble is well positioned to benefit from improving offshore activity and the continued robust ultra-deepwater outlook despite 3Q earnings coming in below estimates, according to an analyst report from Barclays Capital.
Diamond Offshore 3Q Net Falls 31% on Lower Day Rates
Thursday, October 18, 2012 Diamond Offshore's third-quarter earnings fell 31% as the contract driller's revenue decline continued amid lower day rates.
Sembcorp Marine Bags $135M Contract from Diamond Offshore
Wednesday, August 15, 2012 Sembcorp Marine's wholly-owned Jurong Shipyard clinches a $135 million offshore project from deepwater drilling company Diamond Offshore.
Hyundai Heavy Corrals UDW Drillship Order
Wednesday, May 09, 2012 Diamond Offshore has entered into a turnkey contract with Hyundai Heavy Industries for construction of a new ultra-deepwater drillship with delivery scheduled in 4Q 2014.
Hercules Offshore Finalizes Rig Sale
Wednesday, March 28, 2012 Hercules Offshore, Inc. has closed the previously announced acquisition of the offshore drilling rig Ocean Columbia.
Hercules Offshore Buys Jackup from Diamond Offshore, Books Gig
Tuesday, March 20, 2012 Hercules Offshore announced the execution of a definitive agreement to acquire the offshore drilling rig Ocean Columbia from a subsidiary of Diamond Offshore Drilling.
Diamond Offshore Down in 4Q Profit
Thursday, February 02, 2012 Results for the fourth quarter, however, were negatively impacted by a higher number of downtime days than in the preceding three quarters, attributable to scheduled rig maintenance and survey downtime.
CGX Lines Up Diamond Semisub Offshore Guyana
Tuesday, November 29, 2011 CGX has awarded a drilling contract for the Ocean Saratoga drilling rig to drill the Eagle-1 well on the Company's 100% owned and operated Corentyne Petroleum Prospecting License, offshore Guyana.
Niko, Diamond Offshore Pen Indonesia's 'Largest' Deepwater Contract
Tuesday, November 08, 2011 Niko Resources has signed with Diamond Offshore the largest deepwater exploration contract in the history of Indonesia.
Desire: Rig Contract for Ocean Guardian Amended
Thursday, November 03, 2011 Desire announced that the rig contract with Diamond Offshore for use of the Ocean Guardian for operations in the North Falkland Basin has been amended.