Profile: Diamond Offshore Drilling Inc (DO)
27 Feb 2017
Diamond Offshore Drilling, Inc., incorporated on April 12, 1989, is engaged in offshore drilling and providing contract drilling services to the energy industry. The Company has a fleet of approximately 30 offshore drilling rigs, such as semisubmersibles, jack-ups and dynamically positioned (DP) drillships. The Company's fleet offers a range of services around the world in the floater market (ultra-deepwater, deepwater and mid-water). Its Jack-up rigs are mobile, self-elevating drilling platforms equipped with legs that are lowered to the ocean floor. The Company's jack-ups are used for drilling in water depths from 20 feet to 350 feet. All of the Company's jack-up rigs are equipped with a cantilever system that enables the rig to extend its drilling package over the aft end of the rig.
The Company's floater rig is a type of mobile offshore drilling unit that floats and does not rest on the seafloor, which includes self-propelled drillships and semisubmersible rigs. Semisubmersible rigs consist of an upper working and living deck resting on vertical columns connected to lower hull members. Drillships are self-propelled and are positioned over a drillsite through the use of a DP system. The Company's Ultra-Deepwater Semisubmersibles include Ocean Greatwhite, Ocean Valor, Ocean Courage, Ocean Monarch, Ocean Endeavor, Ocean Rover, Ocean Baroness and Ocean Confidence. Its Ultra-Deepwater Drillships include Ocean BlackLion, Ocean BlackRhino, Ocean BlackHornet and Ocean BlackHawk. Its Deepwater Semisubmersibles include Ocean Apex, Ocean Onyx, Ocean Victory, Ocean America, Ocean Valiant, Ocean Star and Ocean Alliance.
The Company's Mid-Water Semisubmersibles include Ocean Quest, Ocean Patriot, Ocean General, Ocean Guardian, Ocean Princess, Ocean Vanguard, Ocean Nomad and Ocean Ambassador. The Company provides offshore drilling services to oils and gas companies and government-owned oil companies. Its principal markets for the offshore contract drilling services include South America, principally offshore Brazil, and Trinidad and Tobago; Australia and Southeast Asia, including Malaysia, Indonesia and Vietnam; the Middle East; Europe, principally in the United Kingdom and Norway; East and West Africa; the Mediterranean, and the Gulf of Mexico, including the United States and Mexico.
Diamond Offshore Drilling Inc
15415 Katy Fwy Ste 100
HOUSTON TX 77094-1810
Company Web Links
- BRIEF-Diamond Offshore announces tax expense adjustment to Q4, FY16 earnings
- Diamond Offshore sees recovery when oil "well over $60"
- UPDATE 3-Diamond Offshore sees recovery when oil "well over $60"
- BRIEF-Diamond Offshore Drilling sees recovery when oil "well over $60"
- BRIEF-Diamond Offshore Drilling sees recovery in either 2019 or 2020 - Conf call