Search results for: Diamond Offshore

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A list of search results

  • 5 November 2018
    Business & Finance, Exploration & Production

    Diamond Offshore has sunk to a net loss for the third quarter 2018, more than $60 million away from the $10.8 million profit the company reported in 3Q 2017.

  • 2 August 2019
    Equipment

    Houston-based offshore driller Diamond Offshore has launched a new real-time monitoring, data visualization, and advanced analytics solution.

  • 2 July 2018
    Exploration & Production

    Diamond Offshore Drilling has appointed Scott Kornblau as Senior Vice President and Chief Financial Officer.

  • 10 February 2020
    Business & Finance, Exploration & Production

    Diamond Offshore has been awarded a contract extension for one of its semi-submersible rigs. During the fourth quarter of 2019, Diamond managed to narrow its loss.

  • 30 April 2018
    Business & Finance, Exploration & Production

    Houston-based driller Diamond Offshore saw a decrease in quarterly profit and revenues.

  • 2 November 2016
    Exploration & Production

    Credit Rating’s agency Standard and Poor’s has downgraded its corporate credit rating on Houston-based offshore drilling company Diamond Offshore Drilling Inc. to ‘BB+’ from ‘BBB’. The rating outlook is negative. S&P pointed to the persisting weak conditions in the global offshore drilling industry, caused by limited demand and the “still increasing” rig supply. Apart from […]

  • 12 February 2018
    Business & Finance, Exploration & Production

    Houston-based offshore driller Diamond Offshore has won several new contracts for its drilling rigs.

  • 20 May 2011
    Business & Finance

      Diamond Offshore Drilling, Inc. today announced that a subsidiary, Diamond Offshore Drilling Limited, has exercised its option to build a third ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd. with delivery scheduled for the second quarter of 2014. Total cost, including commissioning, spares and project management, is estimated to be approximately $610 million and […]

  • 20 May 2011
    Business & Finance

    Diamond Offshore Drilling, Inc. today announced that a subsidiary, Diamond Offshore Drilling Limited, has exercised its option to build a third ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd. with delivery scheduled for the second quarter of 2014. Total cost, including commissioning, spares and project management, is estimated to be approximately $610 million and is […]

  • 21 April 2011
    Business & Finance

    Diamond Offshore Drilling, Inc. today reported net income for the first quarter of 2011 of $250.6 million, or $1.80 per share on a diluted basis, compared with net income of $290.9 million, or $2.09 per share on a diluted basis, in the same period a year earlier. Revenues in the first quarter of 2011 were […]

  • 13 June 2016
    Equipment, Exploration & Production

    Drilling contractor Diamond Offshore Drilling and Trelleborg’s offshore operation have entered a Joint Development Agreement to develop, manufacture and market Helical Buoyancy riser technology developed by Diamond Offshore. According to a press release by Diamond Offshore, this patented riser buoyancy design reduces riser drag and mitigates Vortex-Induced Vibration in offshore applications and enables improved operational efficiency. […]

  • 3 February 2011
    Business & Finance

      Diamond Offshore Drilling, Inc.  announced that a subsidiary, Diamond Offshore Drilling Limited, has exercised its option to build a second ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd. with delivery scheduled for the fourth quarter of 2013. Total cost, including commissioning, spares and project management, is expected to be approximately $590 million and is […]

  • 1 August 2016
    Business & Finance, Exploration & Production

    Drilling contractor Diamond Offshore has decided to cold stack one semi-submersible drilling rig and one jack-up rig, and scrap two semi-subs.  The company said on Monday in its 2Q 2016 report it decided to cold stack the semi-sub Ocean Endeavor and jack-up rig Ocean Scepter. The Ocean Endeavor, built in 2007, is located in Italy, and the Ocean […]

  • 15 August 2012
    Business & Finance

    Diamond Offshore Drilling, Inc. announced that a subsidiary has entered into a contract with Jurong Shipyard of Singapore to build a moored semisubmersible rig with delivery scheduled for the second quarter of 2014. Total cost for the project is expected to be approximately $370 million, including commissioning, spares and project management, but excluding capitalized interest. […]

  • 13 June 2016
    Business & Finance, Equipment, Operations & Maintenance

    Diamond Offshore Drilling and Trelleborg have entered into a joint development agreement to develop, manufacture and market Helical Buoyancy riser technology developed by Diamond Offshore. The agreement will see Diamond Offshore work with Trelleborg on further application engineering, data acquisition, testing and development of Helical Buoyancy applications across the offshore drilling market. Reportedly, this riser buoyancy design […]

  • 6 February 2017
    Business & Finance, Exploration & Production

    Drilling contractor Diamond Offshore went from red to black during the fourth quarter of 2016 while its revenues dropped, compared to the same period in 2015.  The driller on Monday reported a net income of $116.08 million for 4Q 2016, compared to a loss of $245.4 million in the corresponding period of 2015. Further, the […]

  • 30 July 2018
    Business & Finance, Exploration & Production

    Diamond Offshore recorded a loss in the second quarter amid impairment charges and lower revenues. 

  • 5 January 2018
    Exploration & Production

    Diamond Offshore and Petrobras have settled a lawsuit related to an early rig contract termination back from 2016. 

  • 6 February 2014
    Business & Finance

    Diamond Offshore has taken delivery of the Ocean BlackHawk, the first of four newbuild ultra-deepwater drillships. According to Diamond Offshore’s President and Chief Executive Officer Larry Dickerson, the vessel will soon begin a journey to the U.S. Gulf of Mexico, where it will embark on a five year contract with Anadarko. Mr. Dickerson also informed […]

  • 15 August 2012
    Business & Finance

    Diamond Offshore Drilling, Inc, a U.S. based drilling contractor, has entered into a contract with Jurong Shipyard of Singapore to build a moored semisubmersible rig with delivery scheduled for the second quarter of 2014. Total cost for the project is expected to be approximately $370 million, including commissioning, spares and project management, but excluding capitalized […]

  • 17 May 2011
    Business & Finance

    Diamond Offshore Drilling, Inc.  today announced that a subsidiary of the Company has entered into two term drilling contracts with Anadarko Petroleum Corporation. The contracts, which will utilize Diamond Offshore’s two new-build drillships now on order, are expected to generate combined maximum total revenue of approximately $1.8 billion and represent 10 years of contract drilling […]

  • 13 October 2010
    Business & Finance, Equipment

    CapRock Communications, a global provider of satellite communications to remote environments, today announced a multi-year contract extension to provide CapRock’s leading, always-on VSAT communications to Diamond Offshore’s fleet located in the Gulf of Mexico. As an industry leader with one of the largest offshore drilling fleets in the world, Diamond Offshore requires reliable communications with […]