Diamond Offshore (DO) Secures Rig Contracts Worth $360M

Diamond Offshore Drilling (DO) secured a new contract with Serica Energy in the United Kingdom and a contract extension with a subsidiary of BP in the U.S. Gulf of Mexico. The two contracts represent $360 million of additional backlog for the company.The two-year contract extension with a subsidiary of BP for the Ocean BlackLion drillship, in the U.S. Gulf of Mexico, represents $350 million of additional backlog. The contract is scheduled to start in September 2024, in continuation of the rig’s current prog ...