Press Releases

Date Title and Summary  
Toggle Summary 01/25/2021 - Diamond Offshore Announces Comprehensive Restructuring Plan
HOUSTON, Jan. 25, 2021 /PRNewswire/ -- Diamond Offshore Drilling, Inc. ("Diamond" or the "Company") today announced that it has entered into a plan support agreement with holders of over 70% of each of its senior unsecured notes and revolving credit facility loans regarding a financial
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Toggle Summary BP Reconfirms Commitment to Ocean GreatWhite Contract
HOUSTON , Oct. 10, 2016 /PRNewswire/ --  Diamond Offshore Drilling, Inc. (NYSE: DO) has been notified by its customer, BP, that BP will no longer pursue a drilling campaign in the Great Australian Bight. In 2013, BP entered into a contract with Diamond for Diamond's harsh environment
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Toggle Summary Company Profile for Diamond Offshore Drilling Inc.
May 16, 2003 (BUSINESS WIRE) -- Diamond Offshore Drilling Inc. provides comprehensive drilling services to the energy industry around the globe. Diamond Offshore owns and operates one of the world's largest fleets of offshore drilling rigs, consisting of 32 semisubmersibles, 14 jack-up rigs and one
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Toggle Summary Diamond Offshore and GE Oil & Gas Enter into Industry's First Performance-Based Subsea Blowout Preventer Service Agreement
- First-of-its-kind service agreement is a new model for offshore drilling industry - Diamond Offshore's Pressure Control by the Hour™ model includes performance incentives to reduce downtime and improve system reliability for Diamond Offshore and its customers - Under the arrangement, GE Oil &
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Toggle Summary Diamond Offshore Announces $500 Million Private Placement of Senior Secured Second Lien Notes Due 2030
HOUSTON , Sept. 12, 2023 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that its wholly-owned subsidiaries, Diamond Foreign Asset Company and Diamond Finance, LLC (together, the "Issuers"), intend, subject to market conditions, to offer (the "Offering") for sale to
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Toggle Summary Diamond Offshore Announces Agreement to Purchase Semisubmersible Drilling Rig
HOUSTON--(BUSINESS WIRE)--Nov. 22, 2002--Diamond Offshore Drilling Inc. (NYSE:DO) today reported that its subsidiary, Diamond Offshore Drilling Limited, has entered into an agreement to purchase the semisubmersible drilling rig West Vanguard for $68.5 million from Smedvig Rig AS.
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Toggle Summary Diamond Offshore Announces Agreement to Purchase Semisubmersible Drilling Rig
HOUSTON--(BUSINESS WIRE)--Nov. 5, 2002--Diamond Offshore Drilling Inc. (NYSE:DO) today reported its subsidiary, Diamond Offshore Drilling Limited, has signed a memorandum of agreement to purchase the semisubmersible drilling rig Omega for $65 million.
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Toggle Summary Diamond Offshore Announces Agreement to Sell the Ocean Columbia
HOUSTON --(BUSINESS WIRE)--Mar. 21, 2012-- Diamond Offshore Drilling, Inc. ( NYSE:DO ) announced today the execution of a definitive agreement to sell its subsidiary’s jack-up drilling rig, Ocean Columbia, to a subsidiary of Hercules Offshore, Inc. (NASDAQ: HERO) for a sale price of $40 million in
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Toggle Summary Diamond Offshore Announces Closing of Senior Notes Offering
HOUSTON , Nov. 5, 2013 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today announced the completion of the offering of $1.0 billion aggregate principal amount of senior notes consisting of $250 million of 3.45% senior unsecured notes due 2023 and $750 million of 4.875% senior unsecured
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