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

  • 28 August 2014

    DNV GL launches interactive Arctic risk map

    DNV GL has developed an interactive Arctic Risk Map to present the risks associated with offshore and maritime activities in the Arctic. The map aims to provide stakeholders...

  • 27 August 2014

    Video: Aviation safety program encourages employees to voluntarily report safety issues

    Since 2009, there have been no passenger fatalities on domestic airlines in the US, Ronny “Ronoo” Monsour, VP of Sales for Check-6, said. Mr Monsour also a pilot for...

  • 27 August 2014

    Vestigo Petroleum plans ‘manufacturing approach’ to marginal fields offshore Malaysia

    Vestigo Petroleum, a wholly owned subsidiary of Malaysian NOC Petronas Carigali, is about to put a tender out for its first rig on a first drilling program offshore...

  • 27 August 2014

    Case study from mining: Image-driven safety campaign removes communication barriers

    In the world of process safety, people, equipment, the environment and reputation are some of industry’s greatest assets, Marlane Kayfes, Senior Technical Writer...

  • 26 August 2014

    Video: Evolving asset maintenance requires quality data, input

    Asset reliability is a critical component to meeting business goals and expectations when it comes to safety, the environment and production. As the industry faces...

  • Read more news