CATEGORIZED | News

Diamond will build ultra-deepwater drillship for $590 million

Posted on 03 February 2011

Diamond Offshore’s subsidiary Diamond Offshore Drilling Ltd, has exercised its option to build a second ultra-deepwater drillship with Hyundai Heavy Industries. Total cost, including commissioning, spares and project management, is expected to be around $590 million. Delivery of the ship is expected in Q4 2013. When completed, the new drillship will bring to 16 the total number of deepwater rigs deployed by Diamond Offshore.

The drillship will be dynamically-positioned, have a seven ram blowout preventer, dual activity capability, five mud pumps and a maximum hook-load capacity of 1,250 tons. The unit will be designed for operations in up to 12,000 ft of water.

Diamond Offshore has also obtained a fixed-price option for the purchase of a third drillship which the company has the right to exercise at any time before the end of the Q1 2011. The two new drillships will be named Ocean BlackHawk and Ocean BlackHornet.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 29 October 2014

    New intelligent water management solution based on oxidizer technology

    Nalco Champion has launched the RenewIQ line of oilfield water reuse solutions to help operators reduce freshwater consumption and associated handling costs...

  • 29 October 2014

    Baker Hughes launches all-electric intelligent well system

    Baker Hughes has commercially released its MultiNode all-electric intelligent well system. It allows operators to remotely monitor and control a greater number of production zones...

  • 29 October 2014

    Tercel collaborates with TOTAL to design MicroCORE PDC drill bit

    Tercel Oilfield Products has launched the MicroCORE cutting system at the 2014 SPE Annual Technical Conference and Exhibition in Amsterdam. The MicroCORE cutting...

  • 28 October 2014

    First extension well in pre-salt Libra leads to oil discovery

    The Libra consortium announced that the drilling of the first extension well in the Libra area, known as 3-BRSA-1255-RJS (3-RJS-731), has proven the discovery of high-quality oil...

  • 28 October 2014

    Schlumberger introduces new well integrity service

    Schlumberger has launched its Invizion Evaluation well integrity service. It helps operators to evaluate zonal isolation by using integrated drilling, cementing and well logging data...

  • Read more news