Sunday, April 26, 2020
offshore rig north sea
News

Diamond Offshore Files for Bankruptcy Amid Historic Crude Crash

By David Wethe and Jeremy Hill (Bloomberg) — Diamond Offshore Drilling Inc., the rig contractor controlled by Loews Corp., filed for bankruptcy amid an unprecedented crash in crude prices that’s wrecking...

April 26, 2020
Total Views: 22

Wednesday, February 27, 2019
drillship
Maritime News

Diamond Offshore Sees Drillship Dayrates Almost Doubling Next Year

By David Wethe and Alix Steel (Bloomberg) — Diamond Offshore Drilling Inc. said it’s nearly doubling rental rates for deepwater drillships as oil explorers return to sea. The increase involves...

February 27, 2019
Total Views: 3

Monday, October 15, 2018
offshore drilling rig brazil
Maritime News

Offshore Drillers Eye Market Recovery by 2020

By John Benny Oct 15 (Reuters) – Battered oil and gas drilling companies are finally seeing piecemeal signs that the prices they charge for offshore rigs are bottoming out with...

October 15, 2018
Total Views: 0

Thursday, August 3, 2017
offshore drilling rigs
Maritime News

$50 Oil Boosts Offshore Drillers’ Hopes of Comeback

By David Wethe (Bloomberg) — The “magic” of $50 oil is now in the sights of deep-sea drillers as they try to lure customer spending from shale wells on land....

August 3, 2017
Total Views: 6

Tuesday, October 11, 2016
Maritime News

BP Scraps Plans to Drill Off Southern Australia Coast, Says ‘Ocean Greatwhite’ Contract Not Impacted

By Perry Williams (Bloomberg) — BP Plc has abandoned oil exploration in the offshore Great Australian Bight, five years after it began searching for resources in one of the world’s last...

October 11, 2016
Total Views: 49

Monday, July 18, 2016
Offshore

Hyundai Heavy Delivers World’s Largest Semi-Submersible Drilling Rig

South Korean shipbuilder Hyundai Heavy Industries says it has delivered the world’s largest semi-submersible drilling rig to Diamond Offshore. The rig, named Ocean Greatwhite, was delivered to the Houston-based drilling...

July 18, 2016
Total Views: 42

Monday, February 8, 2016
diamond offshore drilling ocean blackhornet
Maritime News

GE Tackles Offshore Oil Spill Prevention in New BOP Pact

By David Wethe (Bloomberg) — Diamond Offshore Drilling Inc. is turning over care and handling of the massive rig safety devices designed to stop well blowouts to General Electric Co....

February 8, 2016
Total Views: 38

Tuesday, May 5, 2015
News

Crude Collapse – Diamond Offshore to Scrap Three Rigs

Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, said it was scrapping three rigs in the face of weak demand due to a steep fall in global crude prices.

May 5, 2015
Total Views: 48

Monday, May 4, 2015
Diamond offshore semisubmersible upgrade shipyard
News

Diamond Offshore To Scrap Rigs

Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, said it was scrapping three rigs in the face of weak demand due to a steep fall in global crude prices.

May 4, 2015
Total Views: 2

Tuesday, February 24, 2015
Diamond-Offshore-Drilling-Logo
News

Diamond Offshore to Lose Half-Dozen Rig Contracts

In an SEC filing yesterday, Diamond Offshore says at least six of their rigs are likely to lose their contracts. Diamond says a verbal notification came from Petrobras who said...

February 24, 2015
Total Views: 13

Monday, February 16, 2015
diamond offshore drilling ocean blackhornet
News

SPOTD: Diamond Offshore’s Ocean BlackHornet Arrives

A gCaptain contributor sent us the following image over the weekend of Diamond Offshore’s new drillship, Ocean BlackHornet, now located in the Gulf of Mexico. The rig was delivered in...

February 16, 2015
Total Views: 151

Monday, February 9, 2015
Diamond offshore semisubmersible upgrade shipyard
News

Diamond Offshore Revenue Falls, Scraps Special Dividend

Rig contractor Diamond Offshore Drilling Inc reported a 7 percent drop in quarterly revenue as demand dropped due to weak oil prices, and said it would not pay a special dividend as it had been doing since 2006.

February 9, 2015
Total Views: 0

Thursday, October 23, 2014
Diamond offshore semisubmersible upgrade shipyard
News

Diamond Offshore to Scrap Half-Dozen Rigs, Fleet Now Contracted to 2019

With the huge influx of new steel heading into the offshore drilling market, Diamond Offshore Drilling announced today plans to retire and scrap six of their mid-water semi-submersible drilling rigs,...

October 23, 2014
Total Views: 85

Wednesday, September 17, 2014
COSL Pioneer semisubmersible
News

Statoil Stacks High Spec Rig as Drilling Contractors Continue to Sweat

Due to overcapacity in their rig portfolio, Statoil announced today they will be laying up the COSL Pioneer in the fourth quarter of 2014. The COSL Pioneer has been on contract...

September 17, 2014
Total Views: 6

Wednesday, June 4, 2014
ocean vanguard drilling rig
News

Statoil Cancels Diamond Offshore Rig Contract 8 Months Early

OSLO, June 4 (Reuters) – Norway’s Statoil has cancelled a rig contract with Diamond Offshore Drilling Inc eight months earlier than expected, a company spokesperson said on Wednesday, confirming a...

June 4, 2014
Total Views: 4

Thursday, March 20, 2014
News

PHOTOS: Drillship Derrick Heavy Lift at HHI

Here's a series of photos showing the placement of the drilling derrick onboard Diamond Offshore Drilling's new ultra-deep water drillship, Ocean BlackLion at Hyundai Heavy Industries' shipyard in Ulsan, South Korea.

March 20, 2014
Total Views: 53

Wednesday, February 12, 2014
Diamond offshore semisubmersible upgrade shipyard
News

Former Halliburton Exec to Lead Diamond Offshore

Diamond Offshore Drilling has just announced that former Halliburton executive Marc Edwards will be taking the reigns as President and CEO effective 3 March 2014. With 30 years of experience...

February 12, 2014
Total Views: 10

Tuesday, September 24, 2013
lawrence dickerson diamond offshore
News

Diamond Offshore CEO to Step Down

After 15 years at the helm of Diamond Offshore Drilling, President and CEO Lawrence Dickerson has decided to call it a day. “I have been privileged to lead this great...

September 24, 2013
Total Views: 2

Wednesday, May 29, 2013
Moss Maritime CS 60 E
Offshore

Diamond Offshore Orders New $755 Million Semi, Signs Contract with BP

Diamond Offshore Drilling, Inc. (NYSE: DO) signed an agreement today with Hyundai Heavy Industries Co. to build a new Moss CS60E design, harsh environment semisubmersible drilling rig. The 10,000’ dynamically positioned rig...

May 29, 2013
Total Views: 21

Wednesday, February 27, 2013
keppel fels shipyard tuas
News

Keppel Offshore & Marine Wins $460 Million in Shipyard Construction Projects

In the past 24 hours, Singapore-based shipbuilder Keppel Offshore & Marine has added $460 million to their backlog with 5 new projects. The orders consist of three contracts signed today from...

February 27, 2013
Total Views: 60