offshore oil and gas

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

U.K. oil companies can stop fretting about Scottish independence and go back to combating a slump in output that’s the steepest of any major

OSLO, June 4 (Reuters) – Norway’s Statoil has cancelled a rig contract with Diamond Offshore Drilling Inc eight months earlier than expected, a

The current slowdown in offshore oil and gas drilling will last 12 to 18 months, and the market for rigs will rebound in 2015, Maersk Drilling said, providing

Diamond Offshore Drilling has just announced that former Halliburton executive Marc Edwards will be taking the reigns as President and CEO effective 3 March

By Jeb Blount and Sabrina Lorenzi RIO DE JANEIRO, Oct 21 (Reuters) – Brazilian state-run energy company Petrobras teamed up with European oil majors and

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

Diamond Offshore Drilling, Inc. (NYSE: DO) signed an agreement today with Hyundai Heavy Industries Co. to build a new Moss CS60E design, harsh environment

The European Union tightened safety rules for offshore oil and natural-gas exploration to curb the risk of a major accident after BP Plc’s 2010 spill in

Diamond Offshore (NYSE: DO) reported their third quarter results today with somewhat mixed results.  Their net income for the third quarter was down 30

Houston-based Diamond Offshore (NYSE:DO) announced Tuesday that a subsidiary has ordered a moored semi-submersible rig from Singapore’s Jurong Shipyard

(Dow Jones) Diamond Offshore Drilling Inc.’s (DO) second-quarter profit fell 24% as the contract driller reported lower utilization rates in all of its

(Dow Jones) Diamond Offshore Drilling Inc.’s (DO) first-quarter earnings slid 26% as the contract driller was hit with higher costs. The company declared

Diamond Offshore Drilling Inc.’s (DO) fourth-quarter earnings fell 22% as the oil driller reported weaker revenue and lower utilization rates for its

HOUSTON -(Dow Jones)- The rate at which new deep-water permits are being approved under new rules in the U.S. Gulf of Mexico is improving, said Diamond

Diamond Offshore Drilling Inc. (DO) third-quarter earnings rose 29% as the oil driller booked stronger revenue and higher average day and utilization rates for

(Dow Jones) Diamond Offshore Drilling Inc.’s (DO) second-quarter earnings jumped 19% as the company posted stronger revenue, though day rates fell and

HOUSTON, Feb 02, 2011 (BUSINESS WIRE) — Diamond Offshore Drilling, Inc. (NYSE:DO) has announced that a subsidiary, Diamond Offshore Drilling Limited, has