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Diamond bounces back to profit

Drilling contractor Diamond Offshore went from red to black during the fourth quarter of 2016 while its revenues ...

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BHP Billiton employs Diamond rig

Drilling contractor Diamond Offshore has reportedly been awarded a contract with the Australian energy company BHP ...

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S&P slashes Diamond Offshore's credit rating

Credit Rating’s agency Standard and Poor’s has downgraded its corporate credit rating on Houston-based offshore ...

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Diamond Offshore profit tumbles

Offshore drilling contractor Diamond Offshore Drilling saw its profit and revenues drop during the third quarter of ...

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Niko and Diamond settle dispute over two rig contracts

Oil and gas company Niko Resources has reached a settlement agreement with offshore drilling contractor Diamond ...

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BP keeps Diamond rig contract

Following a decision by the British oil major BP to abandon its Great Australian Bight drilling program, Diamond ...

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Diamond Offshore files injunction against Petrobras

Diamond Offshore, a U.S. based offshore drilling contractor has reportedly taken legal action against Petrobras for ...

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Petrobras terminates Diamond Offshore rig contract

Offshore drilling company Diamond Offshore has lost its contract for the Ocean Valor offshore drilling rig.

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World’s largest semi-sub rig classed by DNV GL

DNV GL has welcomed the world’s largest semi-submersible drilling rig into class recently. Ocean Greatwhite is 123 ...

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Diamond Offshore in double stack & scrap

Ocean Star

Drilling contractor Diamond Offshore has decided to cold stack one semi-submersible drilling rig and one jack-up ...

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Impairments drag Diamond Offshore to red

Offshore drilling contractor Diamond Offshore fell to a loss during the second quarter of 2016 compared to a profit ...

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World's largest semi-submersible rig delivered in Korea

World's largest semi-submersible rig delivered in South Korea

A weekend of ‘world’s largest’ rig deliveries is behind us. After Singapore’s Sembmarine ...

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Diamond, Trelleborg to build helical buoyancy riser

Drilling contractor Diamond Offshore Drilling and Trelleborg’s offshore operation have entered a Joint ...

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Diamond Offshore loses case against Statoil

Norwegian oil company Statoil has won a court case initiated by Diamond Offshore Drilling for a termination of a ...

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Diamond Offshore: Two rig deals won, two lost

Diamond Offshore Drilling, a Houston-based driller, has agreed to terminate contracts with Petrobras on the ...

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Diamond Offshore 2Q profit flat. New rig contract secured

Diamond Offshore Drilling, Inc.  today reported net income of $90 million versus to $90 million, in the second ...

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Diamond Offshore swings to loss on rig impairments

Diamond Offshore Drilling, Inc., a Houston-based offshore drilling contractor, today reported a net loss of $256 ...

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Apache hires rig for Levitt-1 well

Karoon Gas Australia has announced that a semi-submersible drilling rig has been contracted to drill the first well ...

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Diamond Offshore braces for termination of six rig contracts

Diamond Offshore, a Houston-based drilling contractor, might lose several rig contracts, as its customers are ...

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Diamond Offshore cuts special dividend. 4Q profit up

Diamond Offshore Drilling, a Houston-headquartered drilling contractor, today reported its fourth quarter 2014 net ...

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Diamond Offshore names SVP, General Counsel and Secretary

Diamond Offshore Drilling, Inc. has announced that David L. Roland has been appointed Senior Vice President, ...

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