Profile: Diamond Offshore Drilling Inc (DO.N)
26 May 2017
Diamond Offshore Drilling, Inc., incorporated on April 12, 1989, provides contract drilling services to the energy industry. As of December 31, 2016, the Company had a fleet of 24 offshore drilling rigs. As of December 31, 2016, its fleet consisted of four drillships, 19 semisubmersible rigs and one jack-up rig. Its fleet enables it to offer a range of services, primarily in the floater market, including ultra-deepwater, deepwater and mid-water. The principal markets for its offshore contract drilling services are the Gulf of Mexico, including the United States and Mexico; South America, principally offshore Brazil, and Trinidad and Tobago; Australia and Southeast Asia, including Malaysia, Indonesia and Vietnam; Europe, principally offshore the United Kingdom and Norway; East and West Africa; the Mediterranean, and the Middle East. The Company provides offshore drilling services to a customer base that includes independent oil and gas companies, and government-owned oil companies.
The Company's asset class includes self-propelled drillships and semisubmersible rigs. Its semisubmersible rigs consist of an upper working and living deck resting on vertical columns connected to lower hull members. Its jack-up is used for drilling in water depths from 20 feet to 350 feet. As of January 30, 2017, 10 rigs were cold stacked, consisting of four ultra-deepwater, three deepwater and three mid-water semisubmersible rigs. 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. Its mid-water semisubmersibles include Ocean Patriot, Ocean Guardian, Ocean Princess, Ocean Vanguard and Ocean Nomad.
Diamond Offshore Drilling Inc
15415 Katy Fwy Ste 100
HOUSTON TX 77094-1810