$362 Million in Contract Awards Year to Date 2024 $245 Million in Total Backlog Added in Q4 Rig Performance Bonus Earned in Senegal Ocean BlackHawk and Ocean Courage Commenced New Contracts in Q4 Diamond Offshore Drilling Inc. today reported the following results for the fourth quarter of 2023: Three Months Ended Thousands of dollars, except per [...]
Diamond Offshore Drilling Inc. today announced that it has executed a two-year contract extension with a subsidiary of bp in the U.S. Gulf of Mexico for the Ocean BlackLion, commencing in September 2024 in direct continuation of the rig's current contract. This contract extension represents approximately $350 million dollars of additional backlog [...]
Diamond Offshore Drilling Inc. announced today that it will release its fourth quarter 2023 operating results on Tuesday, February 27, 2024 after the market closes. The Company has scheduled a conference call and webcast for Wednesday, February 28, 2024 at 8:00 a.m. CDT to discuss the Company's results of operations. ABOUT DIAMOND OFFSHORE Diamond [...]
Diamond Offshore Drilling Inc. today announced it has entered into a drilling contract with an independent operator to utilize the Ocean BlackRhino for work offshore Guinea-Bissau. The Ocean BlackRhino was awarded a one-well contract with a minimum duration of 30 days representing $15.4 million of additional backlog, excluding mobilization. Work [...]
Awarded $240 Million in New Contracts, including a 35-well P&A Campaign for the Ocean Patriot Issued $550 Million 8.5% Senior Secured Second Lien Notes due 2030 7th Performance Bonus Earned by Senegal Rigs Ocean BlackHawk Mobilized to Gulf of Mexico for Q4 Contract Commencement Ocean Courage Shipyard Project Commenced; Multi-year Contract to [...]
Diamond Offshore Drilling Inc. announced today that it will release its third quarter 2023 operating results on Monday, November 6, 2023 after the market closes. The Company has scheduled a conference call and webcast for Tuesday, November 7, 2023 at 8:00 a.m. CDT to discuss the Company's results of operations. ABOUT DIAMOND OFFSHORE Diamond [...]
Diamond Offshore Drilling Inc. and its wholly-owned subsidiaries, Diamond Foreign Asset Company and Diamond Finance, LLC , announced today the pricing of the Issuer's private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended , of $550 million in aggregate principal amount of 8.500% Senior Secured Second Lien Notes [...]
Diamond Offshore Drilling Inc. announced today that its wholly-owned subsidiaries, Diamond Foreign Asset Company and Diamond Finance, LLC , intend, subject to market conditions, to offer for sale to eligible purchasers in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended , $500 million in aggregate [...]
Diamond Offshore Drilling Inc. announced today that Bernie Wolford, Jr., President and Chief Executive Officer, is scheduled to present at the Barclays CEO Energy-Power Conference in New York, New York on Wednesday, September 6, 2023 and at the Pareto Securities' Energy Conference in Oslo, Norway on Wednesday, September 20, 2023. Dominic Savarino [...]
Backlog of $229 Million Added During Second Quarter Ocean GreatWhite Completes Second Well Post-Reactivation; First Option Exercised Ocean BlackHawk Completes Senegal Contract; Commences Shipyard Project Ocean Apex Completes Shipyard Project; Mobilizing to Location Offshore Australia Diamond Offshore Drilling Inc. today reported the following [...]
Diamond Offshore Drilling Inc. announced today that it will release its second quarter 2023 operating results on Monday, August 7, 2023 after the market closes. The Company has scheduled a conference call and webcast for Tuesday, August 8, 2023 at 8:00 a.m. CDT to discuss the Company's results of operations. ABOUT DIAMOND OFFSHORE Diamond Offshore [...]
Awarded $212 million in New Contracts Ocean GreatWhite Completes Reactivation and Commences Contract Performance Bonus Earned by Senegal Rigs for Third Consecutive Quarter Revenue and Adjusted EBITDA increased compared to the 4th quarter 2022 Diamond Offshore Drilling Inc. today reported the following results for the first quarter of 2023: Three [...]