Diamond Offshore delivered solid Q4 results. Q4 revenue was off 29% Y/Y, but rose by double-digits sequentially. The Mid-water segment could be a catalyst at current oil prices. DO's pristine balance ...

U.S.-based offshore drilling contractor Noble Corporation on Wednesday announced it has completed its acquisition of peer Diamond Offshore Drilling. The merger creates the industry's largest fleet of ...

Diamond Offshore has the fourth largest competitive offshore rig fleet and a $9 billion backlog that make it confident that it can weather the current slowdown in offshore drilling. A strong ...

Diamond Offshore Drilling’s harsh environment semi-submersible rig Ocean GreatWhite has dropped its riser to the seabed while in UK waters on charter with UK supermajor BP. No injuries were reported, ...

Deepwater drilling contractor Diamond Offshore Drilling is hardly a favorite in the community of analysts who follow its industry, but its results for the fourth quarter of 2012 indicate that its five ...

HOUSTON, April 18, 2023 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will release its first quarter 2023 operating results on Monday, May 8, 2023 after the market ...

Diamond Offshore(NYSE: DO) was able to pull something off last quarter that no other offshore driller has been able to do for at least two years: increase revenue. Some timely new rig contracts ...

Diamond Offshore Drilling, Inc., a leading deepwater drilling contractor, owns and operates one of the largest fleets of offshore drilling units in the world. The company's diverse fleet consists of ...

The driller's board of directors has approved a commitment to upgrade Victory-class semisub Ocean Rover. Diamond estimates the upgrade will cost about $200 million and will take approximately 19 ...

Diamond Offshore Drilling Inc posted a smaller-than-expected loss on Monday, as a fall in revenue was offset by a 15 percent drop in costs.The Houston-based company's total operating expenses fell to ...