Diamond Offshore (DO) Secures Additional Backlog Worth $350M

Diamond Offshore (DO) , an offshore drilling contractor, has been awarded a two-year contract extension with a subsidiary of BP plc (BP) in the U.S. Gulf of Mexico. The extension has been secured for the Ocean BlackHornet drillship and represents approximately $350 million of additional backlog.The Ocean BlackHornet is a seventh-generation Gusto P10000 drillship, built in 2014. It can operate at a depth of 12,000 feet and reach a maximum drilling depth of 40,000 feet.Diamond Offshore’s fleet utilization lev ...