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NEWS |
Diamond Offshore secures $610M in new drilling rig contracts
Diamond Offshore Drilling Inc. touted rig $610 million in contract awards and that three other rigs secured additional backlog in its latest quarterly results report.
NEWS |
Maersk Training and Diamond Offshore enter into three-year global training management and service agreement
Maersk Training will deliver “fit for purpose” and industry-leading immersive simulation and crew resource management training for Diamond Offshore crews worldwide under a new global training manageme (...)
NEWS |
Beach Energy awards drilling contract for Otway Basin drilling programme
Australian oil and gas exploration and production company, Beach Energy (BPT) has awarded a new drilling services contract to Diamond Offshore General Company.
NEWS |
Diamond Offshore Files for Bankruptcy Amid Historic Crude Crash
Diamond Offshore Drilling Inc., the rig contractor controlled by Loews Corp., filed for bankruptcy amid an unprecedented crash in crude prices that’s wrecking demand for oil exploration at sea.
NEWS |
Diamond Offshore Drilling - Prepare For Bankruptcy After Company Skips Interest Payment And Retains Advisors
On Thursday morning, leading offshore driller Diamond Offshore Drilling ("Diamond Offshore") shocked investors with its decision to not make the semiannual interest payment under its 5.7% 2039 notes. (...)
NEWS |
Diamond Offshore wins £39million rig extension on North Sea with Apache
A new £39million extension with Apache has been announced by Diamond Offshore in the North Sea, following the £480million of new work that was secured in 2019.
NEWS |
Ocean Monarch Mobilises to Otway
Cooper Energy announced the semi-submersible drilling rig Ocean Monarch, operated by Diamond Offshore, has commenced mobilisation from the Gippsland Basin to the Otway Basin where it is to drill 2 off (...)
NEWS |
Decommissioning Company Makes Multi-Million Investment in First Dedicated P&A Asset
Well-Safe Solutions today announced that it has agreed to acquire the Ocean Guardian semi-submersible drilling unit, sparking another jobs boost for the company.
NEWS |
First rig due to arrive at revived Kishorn dock
A GIANT of the sea is expected to make an appearance on the west coast this week – when Kishorn dry dock welcomes a massive oil rig for the first time in decades.
NEWS |
The Sleeping Giant Awakens
When the Ninian Central oil production platform was towed out of Loch Kishorn in May 1978, at just over 600,000 tonnes it was the largest concrete structure that had ever moved across the face of thee (...)
NEWS |
Diamond Offshore Announces Third Quarter 2018 Results
Diamond Offshore Drilling, Inc. today reported the following results for the third quarter of 2018.
NEWS |
Deepwater Oil Rigs on Brink of Recovery After Years in Doldrums
Deep-sea oil drillers are once again riding the wave of investor enthusiasm that next year will be better for profits. But this time there seems to be a bigger chance it will actually happen, accordin (...)
NEWS |
Barclays describes offshore oil drillers as ‘most overvalued group’
Barclays analyst J David Anderson has found that shares in offshore drilling companies have risen 40% since March, describing them as the ‘most overvalued group’ in the Barclays ‘coverage universe’.