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home / articles / OIL - DIAMOND OFFSHORE ANNOUNCES NEW DRILLSHIP COMMITMENT | Benzinga


OIL - DIAMOND OFFSHORE ANNOUNCES NEW DRILLSHIP COMMITMENT | Benzinga

HOUSTON, March 3, 2024 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE:DO) today announced that it has executed a two-year contract extension with a subsidiary of bp in the U.S. Gulf of Mexico for the Ocean BlackHornet, commencing in February 2025 in direct continuation of the rig's current contract.  This contract extension represents approximately $350 million dollars of additional backlog.



Bernie Wolford, Jr., President and Chief Executive Officer, commented, "This contract deepens our relationship with a key client in the U.S. Gulf of Mexico and is a testament to the great work the men ...

Full story available on Benzinga.com

Stock Information

Company Name: iPath Series B S&P GSCI Crude Oil
Stock Symbol: OIL
Market: NYSE

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