Search results
Results from the WOW.Com Content Network
Diamond Offshore Drilling, Inc. is an offshore drilling contractor. The company is headquartered in Katy, Texas, United States, and has major offices in Australia, Brazil, Mexico, Scotland, Singapore, and Norway. [1] It operates 15 drilling rigs including 11 semi-submersible platforms and 4 drillships. [1]
Diamond Offshore Drilling Inc filed for bankruptcy protection in Texas on Sunday, after the company recently skipped making an interest payment and said it had retained restructuring advisers ...
The companies that operate offshore drilling rigs for major oil producers face a second wave of bankruptcies in four years amid a historic drop in energy prices that likely will leave surviving ...
For premium support please call: 800-290-4726 more ways to reach us
In 1989, the company acquired Diamond M Drilling. The subsidiary acquired ODECO in 1992, adding 39 oil rigs. A year later, the combined businesses were renamed Diamond Offshore. The operating subsidiary, which went public in 1995, provides contract drilling services to the energy industry globally. [7]
Offshore drilling began in California in 1896, when operators in the Summerland Oil Field in Santa Barbara County followed the field into the ocean by drilling from piers built out over the ocean. Leasing California state seabed is controlled by the State Lands Commission, which halted further leasing of state offshore tracts after the Santa ...
A look at the shareholders of Diamond Offshore Drilling, Inc. ( NYSE:DO ) can tell us which group is most powerful...
The first strictly offshore oil field in California was the Belmont Offshore Field, discovered in 1948 1.6 miles (2.6 km) from the shore of Seal Beach; production did not begin until 1954 when a man-made island was built in 40 feet of water for drilling and production equipment. [9]