
Diamond Offshore Drilling 2013 Profit Slips
cold-stacked rigs as held for sale. Revenues in the fourth quarter of 2013 were $726 million, compared with revenues of $751 million in the prior year quarter. "We have taken delivery of the Ocean BlackHawk, the first of our four newbuild ultra-deepwater drillships," announced Larry Dickerson, President and Chief Executive Officer of Diamond Offshore. "The rig will soon be on its way to the U.S. Gulf of Mexico, where it will begin a five year contract with Anadarko. Additionally, our deepwater semi Ocean Onyx has been delivered by the shipyard and is currently on
Diamond Offshore Order New Rig, Charter it Out
of South Australia. The initial operating dayrate under the drilling contract is $585,000 per day and is subject to upward adjustment for certain increased operating costs and equipment modifications. “We are pleased to have been selected by BP for this important work,” commented Larry Dickerson, Diamond Offshore’s CEO. “Our Company, and its predecessors, have been continuously active in Australia since 1982, drilling over 600 wells; far more than any other drilling contractor. We believe that this market-leading experience should enable Diamond Offshore to play a key role